What was the resolution for this problem? I seem to have exactly the same problem.
$ dmesg | grep -i arducam
[ 5.120985] rp1-cfe 1f00128000.csi: found subdevice /axi/pcie@120000/rp1/i2c@80000/arducam_64mp@1a
[ 5.138911] arducam_64mp 4-001a: failed to read chip id 4136, with error -5
[ 5.147482] arducam_64mp: probe of 4-001a failed with error -5
Many thanks for any suggestions.