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Odisha Police investigating individuals queuing up in large numbers to exchange Rs 2,000 notes: Report

| @indiablooms | Nov 03, 2023, at 03:34 am

Bhubaneshwar: Over the past three to four days, a large number of people have been lining up outside the regional office of the Reserve Bank of India (RBI) in Bhubaneswar to swap Rs 2,000 notes, Indian Express reported.

Central agency officials along with the Economic Offences Wing (EOW) of the Odisha Police have been working to gather information about the identities of these people and the origin of the funds, the report said, citing sources.

RBI insiders reported that in the last three days alone, approximately Rs 1.5 crore worth of Rs 2,000 notes, which have been withdrawn from circulation, have been exchanged daily at the RBI office in Bhubaneswar, according to Indian Express.

Some of those queuing up at the office informed The Indian Express that they were being paid to stand in line and exchange Rs 2,000 notes on behalf of others.

A woman waiting outside the RBI office mentioned that she had been earning Rs 300 per day over the past three days by exchanging notes, according to the report.

While October 7 was the final date for depositing or exchanging Rs 2,000 notes at individual bank branches, people still have the option to exchange these notes at RBI centers. Each person is permitted to exchange up to 10 notes at a time by presenting their identity proof.

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