The Bombay High Court on Friday directed the Reserve Bank of India (RBI) to allow a petitioner, Kishor Sohoni to exchange Rs 1.6 lakhs worth of demonetised notes.

In an old case of cheating where Sohoni was a complainant, a Kalyan court magistrate in March 2016 had directed the accused to deposit Rs 1.6 lakh with the local police station.