There's a 1/2 locknut on both sides of the front wheel on mine but the forks aren't original. You can therefore adjust the bearings on the bench and when the wheel is fitted, the wheel nut tightens against the fork and locknut. I don't think there are locknuts on the back. With the wheel nuts loose, you need just a hint of play in the bearings. Now tighten one wheel nut without the spindle or wheel turning. Does the wheel lock? Now do the same with the other side. This will give you an idea if one or both of the adjusting cones are problematic. If so, you might have to slacken a cone a little, and tighten the wheel nut, playing around until the wheel turns freely with just a little play. The wheel nuts need to be tight and against the chain tension adjusters. Hope that sorts it.