Lucknow: The burnt remnants of Rs 500 and Rs 1,000 currency notes were found at a place in Bareilly on Wednesday, police said.
Informed sources said the burnt currency notes were reportedly brought in sacks and then dumped by workers of a company on Parsa Kheda road at CB Ganj in Bareilly.
Police officials said prima facie, the currency notes appeared to have been cut, damaged and then burnt.
The police have since taken over the remains of the currency notes and the Reserve Bank of India (RBI) officials have been informed of the incident.
Prime Minister Narendra Modi on Tuesday evening announced demonetisation of Rs 500 and Rs 1,000 denomination currency notes.
Taking the nation by surprise, Prime Minister Narendra Modi on Tuesday night announced demonetisation of Rs 1000 and Rs 500 notes with effect from midnight, making these notes invalid in a major assault on black money, fake currency and corruption
In his first televised address to the nation, Modi said people holding notes of Rs 500 and Rs 1000 can deposit the same in their bank and post office accounts from November 10 till December 30.