Centos – Re-reading the partition table failed with error 16: Device or resource busy

When re-partitioning the USB drive on CentOS 6.x getting following error.

Disk /dev/sdb: 31.5 GB, 31466323968 bytes
255 heads, 63 sectors/track, 3825 cylinders
Units = cylinders of 16065 * 512 = 8225280 bytes
Sector size (logical/physical): 512 bytes / 512 bytes
I/O size (minimum/optimal): 512 bytes / 512 bytes
Disk identifier: 0x0e693bd9

   Device Boot      Start         End      Blocks   Id  System
/dev/sdb1   *           1        3826    30727808    c  W95 FAT32 (LBA)
[root@csc ~]# fdisk /dev/sdb

WARNING: DOS-compatible mode is deprecated. It's strongly recommended to
         switch off the mode (command 'c') and change display units to
         sectors (command 'u').

Command (m for help): d
Selected partition 1

Command (m for help): 1
1: unknown command
Command action
   a   toggle a bootable flag
   b   edit bsd disklabel
   c   toggle the dos compatibility flag
   d   delete a partition
   l   list known partition types
   m   print this menu
   n   add a new partition
   o   create a new empty DOS partition table
   p   print the partition table
   q   quit without saving changes
   s   create a new empty Sun disklabel
   t   change a partition's system id
   u   change display/entry units
   v   verify the partition table
   w   write table to disk and exit
   x   extra functionality (experts only)

Command (m for help): d   
No partition is defined yet!

Command (m for help): n
Command action
   e   extended
   p   primary partition (1-4)
p
Partition number (1-4): 1
First cylinder (1-3825, default 1): 
Using default value 1
Last cylinder, +cylinders or +size{K,M,G} (1-3825, default 3825): 
Using default value 3825

Command (m for help): 
Command (m for help):  
Command (m for help): t
Selected partition 1
Hex code (type L to list codes): 86
Changed system type of partition 1 to 86 (NTFS volume set)

Command (m for help): w
The partition table has been altered!

Calling ioctl() to re-read partition table.

WARNING: Re-reading the partition table failed with error 16: Device or resource busy.
The kernel still uses the old table. The new table will be used at
the next reboot or after you run partprobe(8) or kpartx(8)
Syncing disks.