We determine the volume at the various extrema - even though we note that the solution t = 11.4134 is out of range (for we only consider cutting for t in the interval [0, 2 Pi]). Solution 1 is t = 2 Pi, which says cut all the circle out and obtain a (minimal!) 0 volume.
Input :=
V1 = V[t]/.sol1[[1]]
Output =
2
((-6.28319 r + 2 Pi r)
2
2 (-6.28319 r + 2 Pi r)
Sqrt[r - ----------------------]) / (12 Pi)
2
4 Pi
Input :=
V2 = V[t]/.sol1[[2]]//N
Output =
2 2
0.403067 r Sqrt[r ]
Input :=
V3 = V[t]/.sol1[[3]]//N
Output =
2 2
0.403067 r Sqrt[r ]