Anyone have this Problem , My laptop is Really Laggy now because of it , Would love some help , and Atm its impossible to nuke My HD and Reinstall windows.

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If ping.exe is running and your not testing your internet connectivity in anyway and it is taking 100% of you CPU. It is most likely malware or some other form of virus such as a keylogger.

Scan your computer with a few virus programs and see if anything comes up.

Download Malwarebytes. It's free and sweeps some nice malware crap from your pc.

thanks for the snappy responses.

1) its not my CPU Overheating , its just that a Ping.Exe File is using 100% of the CPU lagging my computer.

2)Mbam Comes up clean , Nothing found.
Same With Microsoft Security essentials , and TDSSKiller.

3)Is there any Way to just Remove Ping.exe? Upon Deletion it Returns in 30-60 seconds

Hmm...Seems Like to me it would be a virus Causing the effects on your computer. did you download anything recently? (Websites with major advertisements May Contain Virus Packs)

Nope , But i did have a Auto Downloading trojan : A AV2011 Antivirus v121

and i believe it installed what i have now , i removed it.

PS: for the moment i Suspend ping.exe with Process manger

If you believe you are infected there is a link in my signature that can help you.

^Very organized resource. You should try it.

Looking now , Hopefully it helps