Fifth-grader Max Kohll decided to organize a bracket tournament among his friends. The little bookie gathered everyone’s $5 and bracket picks, and was all set for the start of March Madness.

Unfortunately for him, Principal Kathy Nelson caught wind of the stash in his locker. She called him up to her office and asked his mother, Janet Kohll to come in as well.

When the principal told Janet what had happened, the mom admitted sheepishly that she was aware of her son’s tournament bracket. When he borrowed $5 from her, the mom’s only question was “Who is holding the money?”