Hard drives do not make beeping sounds, clicking yes but never seen one that made a beeping sound. This is a feature of motherboard, no other component can make the beeping sound as they lack the capability.
Anyhow, assuming this is a new purchase, I would advise you to call in to get it replaced. Even if the seller doesn't help, Seagate should still cover it. Clicking or similar sounds coming from a drive is never a good sign or more importantly it doesn't get better nor can it be fixed by a home user. If under warranty, do not waste any time, send it in.