React Native - Error while running run-android

I get this error while running react-native run-android on windows:

Reason: error in opening zip file
Exception in thread "main" java.util.zip.ZipException: error in opening zip file
    at java.util.zip.ZipFile.open(Native Method)
    at java.util.zip.ZipFile.<init>(ZipFile.java:225)
    at java.util.zip.ZipFile.<init>(ZipFile.java:155)
    at java.util.zip.ZipFile.<init>(ZipFile.java:169)
    at org.gradle.wrapper.Install.unzip(Install.java:219)
    at org.gradle.wrapper.Install.access$600(Install.java:27)
    at org.gradle.wrapper.Install$1.call(Install.java:75)
    at org.gradle.wrapper.Install$1.call(Install.java:48)
    at org.gradle.wrapper.ExclusiveFileAccessManager.access(ExclusiveFileAccessManager.java:69)
    at org.gradle.wrapper.Install.createDist(Install.java:48)
    at org.gradle.wrapper.WrapperExecutor.execute(WrapperExecutor.java:107)
    at org.gradle.wrapper.GradleWrapperMain.main(GradleWrapperMain.java:63)

Error: Command failed: gradlew.bat app:installDebug -PreactNativeDevServerPort=8081
Exception in thread "main" java.util.zip.ZipException: error in opening zip file
    at java.util.zip.ZipFile.open(Native Method)
    at java.util.zip.ZipFile.<init>(ZipFile.java:225)
    at java.util.zip.ZipFile.<init>(ZipFile.java:155)
    at java.util.zip.ZipFile.<init>(ZipFile.java:169)
    at org.gradle.wrapper.Install.unzip(Install.java:219)
    at org.gradle.wrapper.Install.access$600(Install.java:27)
    at org.gradle.wrapper.Install$1.call(Install.java:75)
    at org.gradle.wrapper.Install$1.call(Install.java:48)
    at org.gradle.wrapper.ExclusiveFileAccessManager.access(ExclusiveFileAccessManager.java:69)
    at org.gradle.wrapper.Install.createDist(Install.java:48)
    at org.gradle.wrapper.WrapperExecutor.execute(WrapperExecutor.java:107)
    at org.gradle.wrapper.GradleWrapperMain.main(GradleWrapperMain.java:63)

    at checkExecSyncError (child_process.js:621:11)
    at execFileSync (child_process.js:639:15)
    at runOnAllDevices (C:\Users\Admin01\Desktop\albums\node_modules\@react-native-community\cli-platform-android\build\commands\runAndroid\runOnAllDevices.js:94:39)
    at processTicksAndRejections (internal/process/task_queues.js:93:5)

My react-native info output:

info Fetching system and libraries information...
System:
    OS: Windows 10 10.0.17134
    CPU: (4) x64 Intel(R) Core(TM) i7-5600U CPU @ 2.60GHz
    Memory: 12.85 GB / 15.90 GB
  Binaries:
    Node: 12.14.0 - C:\Program Files\nodejs\node.EXE
    npm: 6.13.4 - C:\Program Files\nodejs\npm.CMD
  IDEs:
    Android Studio: Version  3.5.0.0 AI-191.8026.42.35.6010548
  npmPackages:
    react: 16.9.0 => 16.9.0 
    react-native: 0.61.5 => 0.61.5

I am a bit new to react-native and have no clue as to what is going on. Can anyone tell me what's going wrong?