A single-site dynamical mean field study of a three band model with the rotationally invariant interactions appropriate to the t2g levels of a transition metal oxide reveals a quantum phase transition between a paramagnetic metallic phase and an incoherent metallic phase with frozen moments. The Mott transitions occurring at electron densities n = 2, 3 per site take place inside the frozen moment phase. The critical line separating the two phases is characterized by a self energy with the frequency dependence Σ(ω) ∼ √ ω and a broad quantum critical regime. The findings are discussed in the context of the power law observed in the optical conductivity of SrRuO3.PACS numbers: 71.27.+a, 71.10.Hf , 71.10.Fd, 71.28.+d, 71.30.+h The 'Mott' metal-insulator transition plays a central role in the modern conception of strongly correlated materials [1,2]. Much of our understanding of this transition comes from studies of the one-band Hubbard model. Here, the transition is generically masked by antiferromagnetism, but if this is suppressed (physically, by introducing lattice frustration or mathematically, by examining an appropriately restricted class of theories such as the paramagnetic-phase single site dynamical mean field approximation [3]) a transition from a paramagnetic metal to a paramagnetic insulator is revealed. The properties of the paramagnetic metal phase near the transition play a central role in our understanding of the physics of correlated electron compounds.While one band models are relevant to many materials including the high temperature superconductors and some organic compounds, many systems of interest involve multiple correlated orbitals for which the physics is richer and less fully understood. Multiorbital models have been studied in Refs. [4,5,6,7,8,9,10]. New physics related to the appearance of magnetic moments has been considered in the context of the orbitally selective Mott transition which may occur if the orbital degeneracy is lifted [11,12,13,14,15], but for orbitally degenerate models it seems accepted that the essential concepts of a paramagnetic metal to paramagnetic insulator transition and a strongly correlated paramagnetic metal phase can be carried over from studies of the oneband situation.In this paper we show that this assumption is not correct. We use the single-site dynamical mean field approximation to demonstrate the existence of a quantum phase transition between a paramagnetic Fermi liquid and an incoherent metallic phase characterized by frozen local moments (a spin-spin correlation function which does not decay to zero at long times). We show that for densities per site n = 2, 3 the Mott transition occurs within or at the boundary of the frozen moment phase. As Costi and Liebsch have noted in the context of an orbitally selective Mott system, the presence of frozen moments may be expected to influence the Mott transition [15].The new phase appears for multiple orbitals, a different number of electrons than orbitals and a rotationally invariant on-site exchange U/3 > J...