Playback Error occurs when trying to play video after editing its file name

Thanks for the screenshot.

The problem is the file names and organization.

You need to rename and reorganize your files according to Plex naming requirements.
See Plex DocumentationYour Media

After you have renamed and reorganized the files, perform the Plex Dance.

For example:

/volume2/Videos/HD-Movies  <-- Folder added to Plex library
.../300 Rise of an Empire (2014) <-- Movie_Name (year)
....../300 Rise of an Empire (2014).mkv <-- Movie_Name (year).ext  ext=mkv/mp4/etc.

If you wish to keep the information such as resolution in the file name, place it inside square brackets at the end of the file name.

/volume2/Videos/HD-Movies  <-- Folder added to Plex library
.../300 Rise of an Empire (2014) 
....../300 Rise of an Empire (2014) [1080p etc etc].mkv