Overview

• A Reddit user reported that their mother found Rs 2 lakh in old Rs 2,000 notes hidden in an unused DTH set-top box during Diwali cleaning, sharing a photo of the stash.
• The Rs 2,000 denomination was withdrawn in 2023 under the RBI’s Clean Note Policy, and banks stopped accepting exchanges after October 7, 2023.
• RBI guidance allows exchanges at 19 issue offices, typically up to Rs 20,000 per transaction, with declaration forms and identification required.
• Online commenters advised converting the cash in several smaller batches or sending it to an RBI office via India Post, pointing to practical workarounds.
• One outlet framed the notes as worthless, a characterization disputed by reports noting the continuing, though limited, exchange provisions.