A retired cashier of the State Bank of India committed suicide at his house in Saoner, about 35 km from Nagpur, allegedly depressed over demonetisation drive, the police said.
Ananda Mukut Bapat, 58, hanged himself to death, the police said.
Police claimed that Bapat had allegedly amassed wealth in the form of scrapped currency notes. He was depressed after the demonetisation move and decided to end life, the police claimed.
Bapat was running a business after he took voluntary retirement from the bank.
A suicide note allegedly written by him said that he is taking this extreme step due to demonetisation.
Saoner Police has registered a case of accidental death (AD) and handed over the body to his son after conducting a post mortem.