A family in southern India lost cash savings worth USD $6,862 secured in an iron safe after termites ate the paper notes on February 16.

The incident took place in Mylavaram, located in the Krishna district, Andhra Pradesh, as footage shows heaps of termite-eaten currency notes lying on the floor.

A 52-year-old pig-rearer, identified as Bijili Jamalayya, secured his entire life-savings worth INR 500,000 in an iron box. He dreamt of owning a house and kept himself and his family members away from luxuries to realize the same.

However when needing to take cash for his business, Jamalayya unlocked the box in which he hoarded the money and found that his life savings had been devoured by termites.

Jamalayya used the iron box because neither he nor his family members have a bank account. The local police rushed to the spot on being alerted and began investigating the source of the cash.

Moreover, they assured Jamalayya that proper aid will be extended to him in case he did not commit any malpractices to acquire the money.

Termites devoured money bills worth Rs 5 lakh (USD 6,862) secured in an iron safe in southern India's Andhra Pradesh on February 16. The incident took place in Mylavaram, located in the Krishna district.

Visuals shows heaps of termite-eaten currency notes lying on the floor. The money rests next to an empty iron safe as the locals express their grief over the loss. The children play with the destroyed money bills while the police officials carry out an inquiry.

A 52-year-old pig-rearer, identified as Bijili Jamalayya, secured his entire life-savings worth Rs 5 lakh (USD 6,862) in an iron box. He dreamt of owning a house and kept himself and his family members away from luxuries to realize the same. However, upon requiring an amount of Rs 1 lakh (USD 1,372) for his business, he unlocked the box in which he hoarded the money and found that his life-savings had been devoured by termites.

Jamalayya used the iron box because neither he nor his family members have a bank account. The local police rushed to the spot on being alerted and began investigating the source of the cash. Moreover, they assured Jamalayya that proper aid will be extended to him in case he did not commit any malpractices to acquire the money.