Police investigators found bundles of termite-damaged currency notes stuffed inside two suitcases at Surendranath College in Kolkata [1].

The discovery has triggered a police probe into the source of the money and whether the funds are linked to illegal activity. Because the cash was found within a student union room, the incident has sparked local political controversy regarding the management of campus spaces.

Authorities discovered the money during a pre-monsoon cleanliness drive [1]. The cash was stored in two suitcases [1] located inside the student union room of the institution. Upon inspection, investigators found that the currency had been severely damaged by termites [2].

The bundles consisted of Rs 100 and Rs 500 denominations [2]. While the exact total remains under verification, the estimated value of the recovered cash is several lakhs of rupees [1].

Police are now working with college authorities to determine who placed the suitcases in the room and how long the money had remained undiscovered. The investigation aims to establish the ownership of the funds and identify any potential wrongdoing associated with the hoard [2].

Bundles of termite-damaged currency notes were found stuffed in two suitcases

The discovery of large sums of cash in a student union office suggests a failure in campus oversight or the use of educational facilities for clandestine financial storage. The fact that the money was left long enough for termites to destroy the notes indicates the funds were likely abandoned or forgotten, though the investigation will determine if this was a deliberate attempt to hide 'black money' from authorities.