BANDIPORA: New notes of Rs. 2,000 were found on two terrorists killed in an encounter in Bandipora in Jammu and Kashmir on Tuesday.
The police say the terrorists had Rs. 15,000 in cash, including two notes of the new Rs. 2,000, and 160 Rs. 100 notes.
The terrorists were killed in a gunfight with security forces that went on for hours. Both are suspected to be from the Pakistan-based terror group Lashkar-e-Taiba, the police say.
Images after army searches showed the 2000-rupee notes along with two AK 47 guns.
Banks started dispensing new Rs. 2,000 notes two weeks ago, after Prime Minister Narendra Modi banned 500 and 1,000-rupee notes on November 8 in an attempt to check tax evasion and terror funding. PM Modi said terror attacks, including those facilitated by Pakistan, often involve counterfeit Rs. 500 notes.
Yesterday, four masked and armed men burst into a bank in Kashmir and left with Rs. 13 lakh, largely in the old Rs. 500 and 1,000 notes.
The robbery took place at a branch of the state-run Jammu and Kashmir Bank in Malpora, 100 km from Srinagar.