It’s been around for years, although I couldn’t put any date on it. No appearance in OED though, which is unsurprising as both the circle (v.) and drain (n.) entries are 19th century vintage (no relevant draft additions either).
Interestingly, and this is totally unscientific, a search with GABS (Google Advanced Books Search) yields many results setting the latest parameter at 1990 but they slim down to only a few (and those not checked) if the second parameter is changed to 1980. Make of that what you will.