New Delhi, June 7 -- The Government of India, in its social media fact-checking handle on platform X, clarified that the claims about an upcoming alleged 'demonetisation' in March 2026 were false and that they were an attempt to spread misinformation among the masses through social media platforms.

According to the official PIBFactCheck post released on Tuesday, 3 June 2025, a video went viral on social media in which a news anchor from the YouTube channel 'Capital TV' claimed that India is set to discontinue the circulation of Rs.500 banknotes effective March 2026.

"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," according to the...