There are several other things that inject into the Audio line before it goes to the Audio Amp - so this may be a bad / open component you have to track down.
Nomad mentioned ECHO board, and as the example, does apply (it's applied AFTGER) AFTER the Receive Audio is amplified by the Receiver Amp and Volume control.
So, if you have no control over the noise - then the noise itself is being made in-between the volume and Squelch control - and the Audio Amp - you have all that extra stuff in-between the two sections - it's difficult but it might be one of those radios that turns into a Hit-Or-Miss types to tame the noise.
So try gently tapping areas around the audio amp to see if the noise changes - if it does, that area you're tapping or touching - is affected - so if touching the area makes the noise change - more than likely it's a bad cap or a poor mounting of the part - meaning - verify the Audio Amp is properly mounted and the heat sink/spacer is properly positioned.
Much of time the problem is poor assembly - even the front panel controls are suspect - including the CB/PA (AM/FM/PA) not properly isolating each pole from itself - it could be the FM mode creeping in.