"There is no truth in these allegations. I request you (media) to think over it when you give importance to such allegations," he told reporters here today.
"I had held a full enquiry into this and talked to all the concerned and our party people. They all have said that these are baseless allegations," the party incharge of the State added.
Madhav also ruled out any reshuffle in the state cabinet.
Speaking on the logjam in the Parliament, he accused the opposition of being not able to muster the courage to discuss the issue.
More From This Section
"They(opposition)are disrupting the House as they don't have the courage to discuss it(demonitisation). Entire country is with the Prime Minister on demonetisation but they want to find an excuse for not allowing the House to function," he said.
Hailing demonitisation as an "historic step", Madhav said the ATMs as well as banks in the country are functioning "normal" and if glitches occur they will be rectified.