India, June 7 -- The Indian government has rejected a claim made by a YouTube channel that the Rs 500 currency note will be discontinued by March 2026.

In the viral video uploaded to a YouTube channel named Capital TV.

PIB Fact Check X handle wrote: "A #YouTube video on the YT Channel 'CAPITAL TV' (capitaltvind) falsely claims that the RBI will discontinue the circulation of Rs.500 notes by March 2026."

The Indian government has said no such announcements have been made so far.

"Rs.500 notes have NOT been discontinued and remain legal tender," the X post further said.

The government urged citizens not to fall for such misinformation.

"Always verify news from official sources before believing or sharing it!," the government said on X...