The resolution of my crappy automotive multimeter sucks so it is very hard to pinpoint but it looks like I was able to isolate it to around C501. Just for shits and giggles I removed L501 to try and isolate the short. Well, everything before L501 is no longer shorted out. It is also IC501 which is the only component, besides the regulator, that gets hot enough to cook an egg on. Everything else on the system is running cool.
FYI, I have ordered up a nice Fluke multimeter with a lot better resolution.