Bengaluru ragpicker finds Rs 1000 notes dumped in a plastic bag

A ragpicker found a bag of Rs 1,000 notes containing an amount of Rs 52,000 on Thursday in the city.

Police officials told Bangalore Mirror that the incident took place in a by-lane near Law College Road. 

“Shanta Ovhal, who is working with the civic body, was segregating the waste, where she found a plastic bag. When she opened the bag, she was shocked as she saw currency notes in denominations of Rs 1,000 along with some waste in the bag,” an officer told Bangalore Mirror.

The civic worker informed her superiors and the duo later approached the police and submitted the bag of notes to the police.

Burnt currency notes with the denomination of Rs 500 and Rs 1000 were found near Bareilly on Wednesday. Various newspapers and TV channels also reported that the notes were brought in sacks and dumped by workers of a company on Prsa Kheda Road, Bareilly. The burnt remains were then handed over to the police. 

In a report by Deccan Herald, the National Investigative Agency has said that the demonetization of the Rs 500 and the Rs1,000 notes would hit terror funding hard and check the spread of counterfeit currency for the next two or three years. 

Hours after Prime Minister Narendra Modi banned 500 and 1000 rupee notes, small traders across the southern states were hit hard by the government’s surprise move overnight. With banks and ATMs closed on Wednesday, markets and departmental stores witnessed a dull day.