This light switch broke. (Plastic paddle physically broke and fell off). It is a Decora switch, and behind it I found an old BX cable. The armor is clamped securely to a metal box and a red anti-short bushing is present where the armor was cut. The cable has three conductors, insulated with rubber and red,black,white cloth. The red is connected to the ground terminal on this light switch.
The question is to anyone with experience wiring or rewiring during the 1950s, 60s, 70s, 80s .... when BX was still used and Decora switches were also in use. Why would a three-wire conductor be run to this light switch (it is not a three-way switch), why would one of them be red, and why would that be connected to ground? Was there some common practice of using a cable this way?
There is no continuity between red and the box. There is no continuity between any pair of wires or between any wire and the box.
Should I cap off the red conductor with a wire nut or connect it to the ground terminal of my replacement switch as it was with the old one?
I realize this is not common and there is no obvious answer. I'm looking for some "wisdom" from anyone who's seen anything like this.