The exception under NF: 4.2.2.a, to a live ball becoming dead, "When a runner.....allows any part of his person other than hand or foot to touch the ground" allows "the place kick holder with his knee(s) on the ground with a teammate in kicking position to catch or recover the snap while his knee(s) is on the ground and "places the ball for a kick, or if he rises to advance, hand kick or pass".
The exception does not allow him to "place the ball on the ground", so his doing so would not be covered by the "Exception" and the ball would be dead because his knee was on the ground while he was in possession of a live ball.
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