Charred remains of burnt notes of Rs 500 and Rs 1,000 currency denominations were recovered from a place in Bareilly on Wednesday, police said. This comes just a day after Prime Minister Narendra Modi made the "shocking" announcement of demonetising ₹500 and ₹1,000 notes in order to curb corruption in the country. Police sources said the notes had been initially cut, damaged and then burnt. "We are examining the burnt notes to check for their authenticity," Senior Superintendent of Bareilly, Joginder Singh reportedly said. According to sources, the burnt currency notes were reportedly brought in sacks and then dumped by workers of a company on Parsa Kheda Road in C.B. Ganj area in the city. The police has since taken over the remains of the currency notes and the Reserve Bank of India (RBI) officials have been informed of the incident.