In that case, you should post part of extensions.conf which is related to Queues/agents, which makes it easier to troubleshoot your problem. Besides, you haven't mentioned how incoming calls get into your queue. PSTN or VoIP calls?
<br>All providers set some limit on the time a call can be placed on their trunks without being answered. For PSTN, the time limit is 90 sec. Could that be the cause for your Queue timeout of 120 sec?<br>