Rajasthan Farmer Discovers Termite-Damaged Currency After Burying Savings

The CSR Journal Magazine

A farmer in Rajasthan’s Balotra district experienced a significant setback after attempting to secure his savings of Rs 5 lakh by burying the cash in his field. This decision, meant to protect the money from theft and unwise expenditure, culminated in a distressing scenario when he discovered that termites had destroyed the currency over the course of a year. The incident unfolded in Nevai village, where the farmer, Mangilal Meghwal, faced an unforeseen outcome due to both forgetfulness and environmental factors.

Background of the Incident

Mangilal Meghwal had originally sold a plot of land in Pachpadra approximately one year prior, receiving Rs 5 lakh from the transaction. His intention was to use this money to build a permanent structure on his agricultural property. Concerned that the cash could be misappropriated or squandered, he concealed it in a polythene bag and buried it in a pit on his farm. However, the farmer’s reported issues with alcohol and memory contributed to him forgetting the exact location of the buried money.

After an unsuccessful search, Mangilal eventually confided in his wife and sons about the hidden cash. Initially sceptical, the family later began excavating various sections of their land in an effort to locate the missing funds, but their attempts proved fruitless.

After a year of searching in vain, the situation took a turn when the family began preparing their field for sowing during the rainy season. One night, the polythene bag surfaced above ground but remained unnoticed until daylight. The following morning, while working on repairs to the field’s fencing, Mangilal’s wife and son stumbled upon the bag.

Devastating Discovery of Damaged Notes

Upon opening the bag, the family was met with a shocking sight: the Rs 500 notes had succumbed to termite damage, reduced to a state of disrepair and largely unrecognisable. Faced with the loss, the family collected the ruined notes in hope of recovering some financial value.

They initially approached the State Bank of India branch in Pachpadra for assistance, but their request to exchange the damaged notes was reportedly declined due to the condition of the currency. Unsatisfied, the family made their way to the main branch of the State Bank of India in Balotra, only to be met with a similar response there.

Mangilal Meghwal’s ordeal illustrates the potential pitfalls associated with unconventional methods of safeguarding money, as what was intended to be a protective measure ultimately resulted in a painful financial loss for the family. The experience serves as a cautionary tale about the hazards of forgetfulness and inadequate methods of securing savings.

Long or Short, get news the way you like. No ads. No redirections. Download Newspin and Stay Alert, The CSR Journal Mobile app, for fast, crisp, clean updates!

App Store –  https://apps.apple.com/in/app/newspin/id6746449540 

Google Play Store – https://play.google.com/store/apps/details?id=com.inventifweb.newspin&pcampaignid=web_share

Latest News

Popular Videos