This combo photo shows a burned armored car (L) and cash. The armored car carrying large amounts of cash caught fire on a highway connecting Liujing and Qinzhou in Southwest China's Guangxi Zhuang autonomous region on Wednesday.(Photo/Chinanew.com)
(ECNS) -- Police have declined to respond to speculations over a cash transportation van that caught fire on Wednesday and lost eleven boxes of Chinese bank notes, China National Radio reported.
The vehicle caught fire on a highway connecting Liujing and Qinzhou in Southwest China's Guangxi Zhuang autonomous region Wednesday. All the money it carried was consumed, with the truck reduced to its frame before firefighters could extinguish the blaze.
[Read more: Armored-car catches fire, cash inside burns because of expired extinguisher]
The four people travelling in the van were unhurt and stated that the fire extinguisher present in the van was out of date.
It has been speculated online that the incident formed part of a conspiracy to switch money.
However, local firefighter Long Junyi confirmed seeing charred banknotes at the site.
"We did not touch it since our primary mission was to put out the fire," Long explained.
Zhang Guannian, a journalist from Guangxi Daily, also believes it to have been an ordinary accident.
Local police communications director Ma Dexing said that traffic officials and the fire brigade are still investigating the incident, and that no conclusions have been made yet.
