The organ grinder met Eric at the bank. At first, it seemed like he was tricking Eric into giving him money, because he said his monkey's name was Eric (Eric was wearing a nametag at the time). Eric gave him the money when he said his monkey was longing for his girlfriend in Milwaukee. The organ grinder promised to return the money to Eric at the Pennbrook student union.
True to his word, the organ grinder found Eric at the student union once he had retrieved Isabella and the money he owed. He said Eric was a good boy and told him not to change.