OrCAD not able move any component in schematic

We faced problem where we could not move any component or a its reference designation at all. All we could do was cut the component or wire and place it again. While this works for components and wires, this method could not be applied for reference designation for compoenents.

When Trying to move the components it gives the following error - "Object move not completed as this resulted in connectivity changes". A yellow traingle appears showing the error.

The Solution -> Go to Options menu > "Preferences options -" select Allow component move with connectivity changes under Wire Drag.

We have captured the problem as well as the solution in Youtube.