Rankireddy and Shetty won 21-12, 21-16 in a quarterfinal match that lasted 49 minutes.
Champions Real Madrid earned a 2-0 win in a feisty LaLiga encounter at Athletic Bilbao on Sunday to ensure they stayed in the hunt for the LaLiga title with leaders Barcelona.
Given a contract until 2024, the 41-year-old made a winning start on Saturday with a victory over Espanyol that put Barcelona sixth in LaLiga on 20 points after 13 matches.
LaLiga leaders Barcelona's pursuit of a 27th Spanish title gained momentum after a 2-1 comeback win over Real Madrid.
Karim Benzema scored twice in the final few minutes to give Real Madrid a 3-1 win at Espanyol, while Barcelona breezed past Real Valladolid with a comfortable 4-0 LaLiga victory.
The Argentine then lifted his shirt to reveal a red and black replica kit of his hometown club Newell's Old Boys bearing the number 10 which Maradona wore during his brief spell at the Rosario side in 1993.
Bayern Munich thrashed Bayer Leverkusen 5-1, while Barcelona came from behind to beat Valencia 3-1 in LaLiga at Camp Nou on Sunday.
Villarreal's struggles in the Spanish league continued with a 2-1 loss at Athletic Bilbao, with striker Gerard Moreno not finishing the game because of an injury.
A summary of Saturday's action in Serie A and La Liga.
Argentina's two iconic players may be contrasting characters but they shared many traits
Button said he was confident the team would overcome its "current difficulties" to achieve great successes in the future.
Barcelona twice threw away the lead to draw 3-3 at Levante on Tuesday in a potentially fatal blow to their chances of winning the La Liga title.
A summary of Sunday's action in Serie A and La Liga.
News of all that's transpired on and off the football field.
Federico Valverde has already made over 100 appearances at senior level - while winning silverware and recognition both with his current side Madrid and country Uruguay, and showing the physical, technical and mental attributes to become one of world football's outstanding midfielders.
Real Madrid set up a King's Cup semi-final against holders Atletico Madrid or Athletic Bilbao when they beat Espanyol 1-0 in their quarter-final, second leg on Tuesday for a 2-0 aggregate success.
71-year-old Sven-Goran Eriksson won 18 trophies with various clubs in Sweden, Portugal and Italy, between 1979 and 2000, and became the first manager to win league-and-cup doubles in three countries.
The report also revealed the parlous finances of the Vijay Mallya-owned team at the time they were taken into administration last July.
Images from matches played across top football leagues in Europe.
Cristian Tello hit a hat-trick as Barcelona came from behind to win 4-1 in their King's Cup quarter-final first leg at Levante on Wednesday and Lionel Messi celebrated his 400th appearance for the Catalan side.
Barcelona's Champions League last-16 second leg match with Napoli scheduled for March 18 will take place without spectators due to fears over the spread of the coronavirus, a club spokesman said on Tuesday. The match will take place at Camp Nou after a 1-1 draw in Napoli, but no supporters will be allowed to enter the stadium.
Villarreal landed a stunning blow on a potential rival for a European qualification berth when Giovani dos Santos and Ikechukwu Uche each struck twice in a 5-1 drubbing of Real Sociedad in La Liga on Monday.
News of all that's transpired on and off the football field
Jenson Button is a wanted man, even if McLaren ultimately decide they do not want to retain the 2009 Formula One World Champion for next season.
News of all that's transpired on and off the football field