Anchor Sudhir Chaudhary ran a Daily News and Analysis program announcing that the Indian 2000-rupee note issued after the 2016 Indian banknote demonetisation by the government have GPS chips which will allow the government to track currency, thereby reducing corruption. The Minister of Finance, Arun Jaitley dismissed the report as being rumours. The Reserve Bank of India has also given a statement that no such chips are present in the currency notes. The presence of "nano GPS" in the currency notes has been classified as a hoax being spread on social media.