This smells like a big wooden horse. Also are we not mentioning the very icky bits about citizenship shenanigans happening right now[0]? The invalidating larger bank notes just a few years prior[1], no doubt to facilitate these very shenanigans?
[0] https://qz.com/india/1781692/in-photos-india-refuses-to-stay...
[1] https://www.reuters.com/article/us-india-modi-corruption-idU...