A 100-year-old wooden bicycle was refused to be sold by the owner for worth Rs 50 Lakh (USD 68,009) in northern India's Punjab on September 14. The incident took place in Samrala, located in the Ludhiana district.

Visual features the owner, identified as Satwinder, riding the bicycle around his house premises. Following this, he walks the cycle on the green grass and poses for a photo. Later, a micro view of the cycle's wheels get featured with the front one being larger than the other. Then, Satwinder reveals the history of the ancient bicycle.

The owner Satwinder reported the cycle was bought by his elders from a railway employee of a nearby village during the partition of India and Pakistan. Moreover, people from across the globe come to see this unique cycle. Meanwhile, a foreign man had made a bid of Rs 50 lakh ( USD 68,009) but Satwinder refused to sell it as he believes that a hobby has no value.