An ice maker for a refrigerator appliance and a method for operating the same are provided. The ice maker includes a mold body that is rotatable relative to an ejector. The ejector is configured for selective receipt within the mold body to assist with removal of ice from the mold body. The ice maker also includes at least two sensors for monitoring rotational motion of the mold body. Utilizing the at least two sensors, the ice maker can monitor ice removal from the mold body.