A day before the deadline to submit banned banknotes of Rs500 and Rs1,000, a rumour on popular messaging apps sent people in some areas of Mumbai into a tizzy. The message: the government may ban the new 2,000 -rupee notes too.

“People came to our counters wanting to deposit the new notes. They said they read a news report about new notes being banned after the December 30 deadline,” said a Borivli bank official adding some deposited all the Rs2,000 notes they had withdrawn till date. Neeraj Shah, a trader and Kandivli resident said he was scared and informed his in-laws. “Now, we cannot afford to skip a single rumour.”
Meanwhile, people who went to banks with pen marks scribbled on new notes were turned away.
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