If anything spontaneously combusted, it would be the rags used to clean up the stain with. It says right in the MSDS for most stains that you need to soak used rags in water following use to prevent combustion. I keep a bucket in my shop for that exact purpose.
The scenario is usually at the end of the job, the installer will toss the rags, sawdust, and garbage in the closest dumpster, which can heat up in the summer and ignite.
All that said - I've never had it happen to me personally. Just heard the stories.
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