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Namecheap is involved with shady activity where they "steal" certain expired domains. I haven't had it happen to me, but there are numerous stories posted to forums.
The whois changes to a residential address (it's always the same guy) and completely disappears from the domain owner's account. Complaints that expiration notices were never received often accompany this.
You can then contact namecheap and complain about this and they renew the domain and put it back in your account.
What's exactly going on here is anyone's guess. Some say Namecheap is preying on domains and moving them to the account of an individual when they expire in hopes that the domain owner will never notice.
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