This dialog is between Sumantu Muni and Raajaa Shataaneek about Naag Panchamee. Sumantu Muni said to Raajaa - "Once Naag started burning because of their mother's Shaap, that is why people bathe them with milk to cool that burning on Naag Panchamee day." King Shataaneek asked - "Why did their mother give them Shaap?"

Sumantu Muni said - "Once Devtaa and Asur churned the sea ( Saagar Manthan) and a white horse named Uchchshraivaa came out of the sea. Seeing the horse Naag's mother Kadroo said to her sister  Vinataa (co-wife of Kashyap Jee) - "See this horse is of white color, but his hair seem to be black." Vinataa said - "This horse is neither pure white, nor pure black, nor pure red." Kadroo said - "If you bet, I can show you his hair black and then you will be my maid." Vinataa accepted the bet and both went to their own places. Kadroo called her sons and told them everything. She then said - "You cover the body of this horse like fine hair, then he will look black, and I will win."

Naag said - "We will not cheat like this whether you win or lose. To win by cheating is A-Dharm." Kadroo got angry and she gave them Shaap - "You are disobeying me, so I give you Shaap that Janamejaya, born in Paandav Kul, will do a Sarp Yagya (a Yagya in which he will offer the Aahuti of snakes) and you all will burn in that fire." All Naag got worried hearing this Shaap and came to Brahmaa Jee with Vaasuki Naag at their head and told him everything. Brahmaa Jee consoled them and said - "You don't worry, O Vaasuki. There will be a great Rishi named Jaratkaaru in the lineage of Yaayaavar. You marry your sister Jaratkaaru to him and you accept whatever he will say. They will have a son named Aasteek, he will stop Janamejaya's Sarp Yagya and will protect you." Naag did Pranaam to him and came back to their Lok.

Sumantu Muni further said to Raajaa Shataaneek - "Raajan, Your father Janamejaya did this Yagya. Krishn also said the same to King Yudhishthir - "After 100 years from today there will be a Sarp Yagya and many poisonous and evil Naag will start dying in that Yagya, then an Aasteek named Braahman will save them." Brahmaa Jee gave this Var on the day of Panchamee, and Aasteek Muni also protected Naag on Panchamee day that is why this Tithi is very dear to Naag."