The intrinsic flexibility of probabilistic metric spaces makes it possible to extend the idea of contraction mapping in several inequivalent ways, one of which being the C-contraction. Cyclic contractions are another type of contractions used extensively in global optimization problems. We introduced here p-cyclic contractions which are probabilistic C-contraction types. It involves p numbers of subsets of the spaces and involves two control functions for its definitions. We show that such contractions have fixed points in a complete probabilistic metric space. The main result is supported with an example and extends several existing results.