All of you like to eat me. I am a five-lettered word. Remove the first two and I turn into an infamous animal. Remove just the first and I become a heinous crime. Remove the first and the last and you can groove on me.
There is a square piece of paper with a hole that is denoted by the circle on the top right side in the given picture. You have to cut the paper in a manner that it forms two and only two separate pieces of paper and then rearrange the pieces in a manner that the holes come in the centre of the paper.