I think that there is no need to believe that the church intentively destroyed Papias 5 books because something "secret" or "dangerous" for the church was in it. Even Eusebius’ Church history is not completely preserved up to now.
Papias was a very well known and widely respected bishop of the Asia minor of the province Phrygia. Eusebius speaks of Papias as a man most learned in all things, and well acquainted with the Scriptures. In another passage he describes him as of small capacity critizing him for taking all symbols or images in the narratives literally. He was a hearer of John and friend of the bishop Polycarp . Telling or believed in the ciliastic narratives or literal interpretations of 1000 year millenium (or perhaps also literal 144000) was never called by the church a heresy. It at were sureyl common notions in this early church in the region, e.g. the rabbinic idea was that after this age a messiance age would follow here on earth.
But that alone, believing in ciliastic kingdom was no reason to destroy his books or to excommunicate him. The church did never call the faith in the 1000 year millenium a heresy. Perhaps it was thought that the literal interpretaion was gullible but...
Even the catolic church today believes in the ultimatively fulfillment of a "Kingdom of God" on this earth not alone in the afterworld.
Quite the contrary is the case, each word of him that remained is treated as worthful treasure. His comments were cited by Eusebius and others and so they remained. Testimonals about the authenticy of Gospels of Marc or Matthew etc.
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Papis did not interview all the apostels as may be the impression by the title of this OP, but was a hearer of John only. The other informations he received from presbyters John and another and many stories abouth the apostels he learned from two daugthers of the apostel Philippus, which lived advanced in years in his city "Hierapolis". Paul had founded the church of Hierapolis. (Eusebius History Ecclesia III. 39.9). The two daughters were called "prophets".
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Hierapolis "holy city" in Phrygia was known for the warm spings, which after evaportation left beauftifl landscape, terraces of limescale. Water served for dyeing of wool. Because of weaving and dye mills and textil trade the city was rich.