Did you try downgrading to the memory that came with the machine?
I did not want to believe it was a memory issue, and I did a full wipe of the drive and clean network install of MacOS only to have the error pop up on first login.
But someone else said they swapped out memory and it fixed it. So I pulled my mini apart and put it back together.
What I found was the original 8GB that came with the machine cause the VHM to go away.
And when I again swapped my 64GB of Crucial RAM back in and ran memtest86 RAM was filled with errors. (this was a lot of taking apart and putting together the mini)
memtest86 requires a 512mb USB stick formatted only to run it as boot. You also must change the boot security to allow it to boot from the stick.
There is a report above from someone who ran memtest86 and it came out clean but they continue to experience these errors.
However, it is worth looking into yourself. I RMA'd my crucial RAM, swapped in brand new 64GB and my system works fine again.
This is definitely specific to Monterey and still exists in MacOS 12.3.1. I believe it is largely a hardware issue, and has something to do with increased sensitivity to errors.