Rana told The Associated Press on Friday: "It's a matter of investigation how termites attacked bundles of currency notes stacked in a steel chest.''
Rana said the termites had damaged bank furniture and documents in the past. The money was put in the bank chest in January.
Rana says police have registered a case of negligence by bank officials in Barabanki, a town
30km southwest of Lucknow, the Uttar Pradesh state capital. In India, police register a case before opening an investigation.
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