Baba Shobhan Sarkar alias Suryabhan Tiwari had risen to fame during the UPA era when the Manmohan Singh-led government had started excavation in the area indicated by the baba, hoping for a massive gold reserve.
Media houses had reported earlier today that the government may soon announce a 'gold amnesty scheme' which will fix a holding limit for gold and will tax Indians over a certain amount of gold.
Tweaking its headline a bit, the ET had falsely reported that RBI has begun to sell some of its gold again despite their own reports suggested that RBI had bought more gold rather than selling from its reserves.