Fearing that she would lose Rs 54 lakh on account of the demonetization of big currency notes, a woman in Telangana's Mahabubabad district committed suicide..
oneindia
Kandukuri Vinoda, 55, hanged herself at her house in Shenagapauram on Thursday while her husband and son were asleep.
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The family of farmers was shocked due to sudden announcement by the central government on November 8. A few days ago, the family had sold their 12-acre agricultural land for Rs 56.40 lakh to meet expenses for the treatment of Vinoda's ailing husband.
AP
After spending Rs 1.4 lakh, they had kept the remaining cash, all in Rs 1,000 and Rs 500 denominations at home. The family was planning to buy agricultural land. But they panicked after the demonetisation announcement.
AP/representational image
Her family members said that there was heated argument as Vinoda was unhappy over selling the entire land. Fearing that the currency notes will turn into mere pieces of paper, she committed suicide.