Hello Ashish
This sounds like a man in the middle attack. Please look at the concepts guide for 15.4 page 879
From the guide:
To protect against this type of attack, the router sends out its own gratuitous ARP request to override
the attacker whenever a gratuitous ARP request broadcast packet with the router's IP address as the
source is received on the network.
If you enable both DHCP secured ARP and gratuitous ARP protection, the switch protects its own IP
address and those of the hosts that appear as secure entries in the ARP table.
Since you are statically assigned IP addresses that makes it harder to protect against this attack as the switch cant use DHCP snooping, Trusted DHCP server or DHCP secured ARP whichhelps to prevent people setting static addresses on the network.
Enabling Gratuitous ARP protection and CPU DoS Protection will help.
Thanks
P