India - Nano GPS chip or NGC in currency

The RBI will soon be issuing ₹ 2000 denomination banknotes in the Mahatma Gandhi (New) Series, without the inset letter, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote.

The new denomination has picture of Mangalayan on the reverse, depicting the country’s first venture into the interplanetary space. The base colour of the note is magenta. The note has other designs like geometric patterns aligning with the overall colour scheme, both at the obverse and reverse.

RBI's website doesn't mention anything about the NGC chip embedded in the currency ... Seems like a rumour/fake news.

Certain rumours about the 2000 currency note:

1. Apparently, the new notes will have nano-GPS chips installed on them, for tracking. These chips will reportedly allow satellites to track the currency, even at 120 metres below ground level.
2. Further, rumours say that the nano-GPS chips work without any power source, which is quite interesting if true.
3. Moreover, the satellites will reportedly track large amounts of money stored at any place, automatically, and pass on the information to the Income Tax department.
4. The department can then track such currency and recover it, if it’s found to be illegal.
5. Removing the nano-GPS will reportedly render the currency unusable in the first place. 

Tracking currency may not be true, WHY ? 

1. Real Fact:
World’s smallest fully integrated GPS receiver has been developed by OriginGPS Nano Spider, which measures 4 x 4 x 2.1 mm. Comparably, this device is really small (but not smaller than a currency note), and can open a new avenue of wearable devices – now this chip can track clothes, watches, electronic appliances and more. However thickness of 2.1mm is big to fit in a currency note which is 0.1-0.2 mm thick.

2. Common PHYSICS:
GPS satellites are located in the medium earth orbit which starts at 20,200 Kilometers from Earth's surface, so deflecting a signal that far without any energy is impossible (https://en.wikipedia.org/wiki/GPS_satellite_blocks). If this was an available technology, it would have been used in mobile phones and there was no need to use the A-GPS ( which uses your mobile's data connection and GPS sensor to detect your mobile's location )

3. Link to RBI's site for details about the ₹2000 note:
 https://rbidocs.rbi.org.in/rdocs/PressRelease/PDFs/PR1144EFECD860ED0D479D88AB8D5CA036FC35.PDF

4. A chip without any power source will be able to embed the currency series number to the received GPS signal and deflect it back ???  this is beyond imagination and against science laws ... 

Front Features (As seen on RBI website)

1. See through register with denominational numeral 2000
2. Latent image with denominational numeral 2000
3. Denominational numeral २००० in Devnagari
4. Portrait of Mahatma Gandhi at the centre
5. Micro letters ‘RBI’ and ‘2000’ on the left side of the banknote
6. Windowed security thread with inscriptions ‘भारत’, RBI and 2000 on banknotes with colour shift. Colour of the thread changes from green to blue when the note is tilted
7. Guarantee Clause, Governor’s signature with Promise Clause and RBI emblem towards right
8. Denominational numeral with Rupee Symbol, ₹2000 in colour changing ink (green to blue) on bottom right 
9. Ashoka Pillar emblem on the right
10. Mahatma Gandhi portrait and electrotype (2000) watermarks
11. Number panel with numerals growing from small to big on the top left side and bottom right side
    For visually impaired
    Intaglio or raised printing of Mahatma Gandhi portrait, Ashoka Pillar emblem, bleed lines and identity mark
12. Horizontal rectangle with ₹2000 in raised print on the right
    Seven angular bleed lines on left and right side in raised print 

Reverse Features (As seen on RBI website)

1. Year of printing of the note on the left
2. Swachh Bharat logo with slogan
3. Language panel towards the centre
4. Motif of Mangalayan
5. Denominational numeral २००० in Devnagari