The alleged robbery of Rs 400 crore at Chorla Ghat in Belagavi district, near the Karnataka–Goa–Maharashtra border, has triggered a major investigation after the complainant claimed the cash was being transported in two trucks. The money was reportedly in Rs 2,000 denomination notes, which are no longer in circulation. The case has been linked to the abduction of a youth from Nashik, and several arrests have been made. Investigators are probing possible interstate links and the involvement of organised crime.
Although several years have passed since demonetisation, large amounts of demonetised cash are still surfacing. Such cash is often suspected to be converted through political or illegal channels.
The incident, which took place in October 2025, has sent shockwaves across the country. It has intensified allegations linking black money to high-level political funding ahead of civic elections, raising fresh questions about how demonetised currency continues to resurface.