Sounds like the taper has been deformed, which usually happens by over tightening. Take the crank off and have a look at the outside of where the taper is. If there is bulging, you have a dead crank arm. Alternatively, I guess it could be the BB spindle and deformation should be pretty easy to spot. Not sure there is anything you can do to fix either of these parts, so I imagine you'll need to replace something to get it all right again.
Sounds like the taper has been deformed, which usually happens by over tightening. Take the crank off and have a look at the outside of where the taper is. If there is bulging, you have a dead crank arm. Alternatively, I guess it could be the BB spindle and deformation should be pretty easy to spot. Not sure there is anything you can do to fix either of these parts, so I imagine you'll need to replace something to get it all right again.