Currency Ban Effect! Celebrities flock to gold shops

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Indian Prime Minister Narendra Modi’s ban on Rs 500-1000 notes has received stupendous response from the entire nation. However, the showbiz world is one place where many celebrities have tons of black money.

With the abolition of ban on 500-1000 notes, it is heard that few celebrities flocked to their known jewellery shops and purchased massive gold. The gold shop owners revealed that the film celebrities brought gold in massive quantities and that too with premium price.

As a result, the 500s and 1000s are going into the jeweler’s account. The gold shop owners manage paper receipts and deposit those notes in the banks.