The Reserve Bank may have denied the news of Nanochip embed in every  ₹2,000 currency. But N Gopalakrishnan, the pro-BJP orator from Kerala and Director Indian Institute of Scientific Heritage is sure that a state-of-the-art Nano GPS system has been deftly infused into the currency to track it using satellite. 

 

In his regular show on Youtube, Gopalakrishnan said that propaganda that the currency had an electronic chip was wrong. "But it has a nano GPS embed that emits signals whenever the satellite searches for it. The signals help the Income Tax officials to find it out even if it is hidden somewhere," he said. He also said that he was disclosing it after verifying the information with 'authoritative sources.'

 

The unique system needs no power source as it only reflects a signal when the satellite request for the location, he explained. The signal would help the authorities to know how much money is stashed inside the lockers. "It is not a chip," he reiterated. "But there is indeed a nano system in the currency which the govt. do not want to disclose," he said. 

 

However, Gopalakrishnan took a rational view and dismissed reports that the currency could be traced 1,00 meters below the earth.  

 

Even though Gopalakrishnan vouched by authoritative sources, the trollers have not taken it in face value.