many people in this forum say that have R.P. article and ask crores, and some people say that have company for buyers with DRDO and RBI certified company ( I personally called internal sources in DRDO and RBI they informed me there are no such activities, all are fraud, *** even RBI as given notice dated on JULY thirtyone twozeroeighteen regarding this R.P. as fraud activity.

Story One: One day Devdas Baba met Delhi based businessmen and reportedly offered them a rice puller, that he could get from one of his disciples. The baba then told them to arrange Rs.2 Crore to buy ‘rice puller’. He had also convinced the ‘buyers’ that this ‘copper iridium’ is used by space organizations and once they buy this piece from him, they can in turn sell it to NASA for Rs.1000 Crores! Can you believe this story? Looks fake isn’t it? But the fact is that Mr. Baba collected Rs.1 Crore as advance and escaped to Russia! The Economic Offences Wing (EOW) of Delhi Police registered a case against him. (April, 2011)

Story Two: A group of five people at Kollam (Kerala State) were trying to sell an East India Company Petromax (Lamp) for Rs.25 Crores through a broker to a British National camping in Bangalore. The group apparently was claiming that the Petromax is a rice puller. These people told the police that NASA would pay even Rs.500 Crore for this piece of metal! (May, 2014) RBI NOTICE :- :Mumbai, July 31: The Reserve Bank of India (RBI) on Tuesday warned people about 'rice puller' scam and urged them not to fall a prey to a device that is claimed to have magical properties. The RBI in its release cautioned people not to believe such false claims and asked them to report such incidences immediately to the investigating authorities. In a statement, the RBI said that it has been brought to its notice that "some unscrupulous persons" are marketing a device termed 'rice puller' made up of copper/iridium, that is claimed to possess magical properties of attracting grains of rice towards it. In its warning titled 'Cautionary advice on Rice pulling Scam', the RBI said, "The persons associated have been reportedly misrepresenting the Government Securities auction circulars/Notifications issued by RBI/GoI as proof of RBI sourcing funds for such activities on behalf of the sellers of these articles”.

The Central Bank added saying that it is reiterated that associating with such unscrupulous persons can result in direct financial losses and the public in their own interest should refrain from responding to such offers in any manner.

The RBI is scheduled to release its third bi-monthly monetary policy statement for 2018-19 on August 1. All eyes will be on the outcome of the Monetary Policy Committee’s (MPC) meeting on Wednesday. Reports inform that the decision of the MPC will be announced at 14:30 hours on August 1.