Four of the five are related to each other in a certain way, then find the odd one out?

# 4 J M 7 % I 3 @ N P S 9 & 6 E ^ 8 £ 5 F 1 $ V E ¥ 8 For step I: If the symbols are immediately preceded by an odd digit and immediately followed by a consonant, then the symbols are placed immediately right of P in the same order from left to right. # 4 J M 7 % I 3 N P @ $ S 9 & 6 E ^ 8 £ 5 F 1 V E ¥ 8 For step II: If the letters are immediately preceded by a number and immediately followed by another letter, then the letters are placed immediately right of ‘7’ in alphabetical order. # 4 M 7 J N V % I 3 P @ $ S 9 & 6 E ^ 8 £ 5 F 1 E ¥ 8 For step III: If the digits are immediately preceded by a letter and immediately followed by a symbol , then the digits are placed immediate right of ‘N’ in ascending order. # 4 M 7 J N 9 V % I 3 P @ $ S & 6 E ^ 8 £ 5 F 1 E ¥ 8