1. Burnt remains of Rs 500 and Rs 1,000 notes found in Bareillly, RBI officials informed

Burnt remains of Rs 500 and Rs 1,000 notes found in Bareillly, RBI officials informed

On the following day of the demonetisation of Rs 500 and Rs 1,000 currency notes by the Centre, the cops found a heap of burnt remains of the notes at a place in Bareilly on Wednesday.

By: | Published: November 9, 2016 7:18 PM
Some workers of a company brought the burnt remains in sacks and then dumped it on Parsa Kheda road at CB Ganj in Bareilly. (Reuters) Some workers of a company brought the burnt remains in sacks and then dumped it on Parsa Kheda road at CB Ganj in Bareilly. (Reuters)

On the following day of the demonetization of Rs 500 and Rs 1,000 currency notes by the Centre, the cops found a heap of burnt remains of the notes at a place in Bareilly on Wednesday. All the notes were reportedly cut into pieces before turning into ashes, they said.

Some workers of a company brought the burnt remains in sacks and then dumped it on Parsa Kheda road at CB Ganj in Bareilly, according to sources. Getting the information, police officials reached the site. They said prima facie that the remnants are currency notes and appeared to have been cut, damaged and then burnt.

The police have taken the remains in their possession and officials of the Reserve Bank of India (RBI) have been informed of the incident.

In an address to the nation, PM Narendra Modi announced the abolition of high-value currency notes from Tuesday midnight in a move to wipe out black money, corruption and counterfeit currency from the nation. Soon after this, RBI Governor Urjit Patel introduced new currency notes of Rs 500 and Rs 2,000. It will be available in the banks and ATMs from November 11.

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