₹2,000 note won’t have nano GPS or RFID for tracking

In a surprise move made by India’s NDA government to curb black money transactions, Prime Minister Narendra Modi announced that effective midnight of November 8th, ₹500 and ₹1000 currency notes would be demonetized and considered illegal. Further, they will be replaced by a new ₹500 note and a brand new ₹2,000 note that would be in circulation from November 10th, according to the RBI (Reserve Bank of India). Soon after the announcement was made, a WhatsApp forward began doing the rounds that said that the new ₹2,000 note would have a ‘Nano GPS Chip’ – aka NGC – that can be used to track the notes from anywhere via satellite, even if they were buried deep underground.