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The police also recovered ₹65 lakh in fake currency notes and a car used by the gang. The arrested have been identified as K. Ravi Teja, Sk.
New Delhi: A video on YouTube claiming that the Rs 500 currency notes will be discontinued by 2026 has been gaining traction over the past few days, triggering confusion and panic among people.
The RBI has observed a significant increase in counterfeit Rs 500 notes, with detections rising by 37.3% in 2024-25 compared to the previous year. While Andhra CM Chandrababu Naidu urged PM Modi ...
RBI will no longer print Rs 2, Rs 5, and Rs 2000 notes. Rs 500 is now the most used note. Coins and digital currency are growing. New tech projects are improving currency handling.
RBI also shared that the number of fake currency notes found went down for Rs 10, Rs 20, Rs 50, Rs 100, and Rs 2000 notes. But fake notes of Rs 200 and Rs 500 increased by 13.9 per cent and 37.3 ...