New Rs 500, Rs 2,000 currency notes: Radioactive ink theory goes viral, netizens baffled

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Updated: December 12, 2016 6:46:02 PM

As the Ministry of Finance (MoF) and Reserve Bank of India (RBI) have not deemed it fit to clarify anything as such officially, it can safely be assumed that this is merely speculation.

The latest rumour doing the rounds on internet and WhatsApp is about the presence of radioactive ink in the new currency notes of Rs 500 and Rs 2000. (PTI)The latest rumour doing the rounds on internet and WhatsApp is about the presence of radioactive ink in the new currency notes of Rs 500 and Rs 2000. (PTI)

After rumors of GPS chip embedded in the new currency notes of Rs 500 and Rs 2,000 went viral, now a new angle has emerged about radioactive ink being used in these notes. The latest rumour doing the rounds on internet and WhatsApp is about the presence of radioactive ink in the new currency notes of Rs 500 and Rs 2000.

It is said that P32 is a radioactive isotope of phosphorus consisting of 15 protons and 17 neutrons which are used in the radioactive ink in minimum quantity. It is used like a radioactive warning tape. So according to it, whenever a huge lot of currency is amassed at a suspected place, the radioactive indicator in the currency indicates it.

As the Ministry of Finance (MoF) and Reserve Bank of India (RBI) have not deemed it fit to clarify anything as such officially, it can safely be assumed that this is merely speculation.

For those who don’t know, when these notes were introduced initially, there was much talk about the notes and that they were leaking color. But then later the government confirmed that the new currency notes, just as the old ones, will lose colour if rubbed with a piece of wet cloth or when immersed in water because that’s the nature of the dye used.

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While news like this may well be pastime for many, the reality in banks and ATMs across the country is that the public is still having to stand in queues to access a limited amount of money that the Centre is allowing. It will be weeks before that reality changes and things return to normal. It has been reported that the Government introduced just Rs 5 lakh crore of new notes, which is less than one-third of banned numbers and this may well be the crux of the problem. An estimate suggests that it will take a minimum of 20 days for problems to fade.

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