Last week, Free Press Journal published a report claiming that Rs 500 currency notes, worth Rs 88,032.5 crore, was missing from the Indian economy. This claim was based on information received under Right to Information (RTI) Act by activist Manoranjan Roy. Although Reserve Bank of India (RBI) had denied the claim without giving much of a clarification, the original report was widely cited by the media. Now, it has come to light that the allegation of missing Rs 500 notes was based on gross misinterpretation of RTI data by Roy.