After searching, finally I was able to find the way to root the Ployer MOMO7 (It might work on other RK3066 devices too)
The adb.exe in this file could recognize our tablet, unlike the adb in android sdk.
1. Enable the USB debugging option in "Developer options" under Settings.
2. Connect the tablet using USB data cable to the computer.
3. Extract the attached zip file to any location. Use any one of the below
Number of downloads: 266
Supersu: (somewhat faster)
Number of downloads: 188
4. Double click the ROOT.bat and follow instructions.
This post has been edited by creative dude: 10 February 2013 - 01:40 AM