If the prop pitch goes to full-fine, and the control mechanism fails, and the aircraft is at flying speed, the airflow is sufficient to cause the prop to run up to a very high RPM, possibly beyond it's structural limits. In that case, shutting off the engine via the mags or mixture would not help -- the prop will spin the engine regardless.
This happened to a friend of mine in B-17 CF-HBP in about 1967 while on high-altitude photo survey for Kenting.

Apparently the Wright-1820 did not have an oil reserve to allow feathering the prop if the engine failed due to an oil leak. The crew had an oil quantity total loss at 33,000, with the result that the prop couldn't be feathered, and the thing "ran-away". They were somewhere over northeast BC I believe, or may the NW part of the Territories -- not the high Arctic.
So my friend Jerry F. hauled the nose up to the edge of the stall, to keep the rpm as low as possible, and kept the airplane "mushing" forward and down, and fluttered like that all the way down to where he was able to plop the airplane onto a short gravel strip. The whole way....
The worry of course was that the prop would tear off and a blade would come through the fuselage and slice them up.
Dave