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Within two weeks of demonetisation, terrorists in J&K have new Rs 2000 notes

New Rs 2000 currency notes were recovered by the Army from two terrorists killed in Bandipora district of Jammu and Kashmir on Tuesday.

New Rs 2000 currency notes were recovered by the Army from two terrorists killed in Bandipora district of Jammu and Kashmir on Tuesday.

The freshly minted notes of Rs 2000 have been in circulation for less than two weeks. The Jammu and Kashmir police have said that the new Rs 2,000 currency notes could have been sourced locally and investigations are underway.

The two terrorists were gunned down in an encounter with security forces. The Army and the police in a joint operation had cordoned off the area to smoke out the two terrorists who were holed up and had opened fire.

The identity of the militants is yet to be ascertained, though they are believed to be from Lashkar-e-Taiba.

Prime Minister Narendra Modi in his address on November 8 while announcing demonetisation had said that counterfeit notes were being used to fund terrorist activities in the country.

The government had claimed that the decision to demonetise Rs 500 and Rs 1000 notes was kept as a secret until the last moment. The recovery of the new notes from the terrorists is likely to provide ammunition to the opposition which has been in a combative mood against the demonetisation in the Parliament.

On Monday four masked men with arms entered into a bank at a state-run Jammu and Kashmir branch in Malpora and left with Rs 13 lakh largely comprising of the scrapped Rs 500 and Rs 1,000 note currencies.

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