Monument Panayot Volovei was lifted near the intersection roundabout near Belenski bridge. Following the celebration of 137 years since the disappearance of the revolutionary, on 22 May 2013 in the city of Byala, with an official ceremony, the restored monument was unveiled, with the bust of Panayot Volovei.

Panayot Volovei is among the initiators, founders and main leaders of the Revolutionary Committee of Giurgiu and April Uprising (1876). He died on the Yantra river on the outskirts of Byala, on 26 May 1876 trying to flee to Romania after the defeat of the April Uprising.