10/11/2016 10:20 AM IST | Updated 10/11/2016 11:28 AM IST

Sacks Of Burnt ₹500 And ₹1,000 Notes Found In UP's Bareilly


ANI/ Twitter

A day after Prime Minister Narendra Modi made the "shocking" announcement of demonetising ₹500 and ₹1,000 notes in order to curb corruption in the country, sacks full of burnt currency notes were found in Bareilly in Uttar Pradesh.

According to reports, the notes were dumped on Wednesday by workers of a company on Parsa Kheda road at CB Ganj in Bareilly.

Police sources said the notes had been initially cut, damaged and then burnt.

"We are examining the burnt notes to check for their authenticity," Senior Superintendent of Bareilly, Joginder Singh reportedly said.

The Reserve Bank of India has been informed about the incident.

The announcement to scrap the existing ₹500 and ₹1,000 notes was made on Tuesday, and new currency in ₹500 and ₹2,000 denominations will be issued by banks on Thursday.

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