During the day, it was an active place but at night, it was said to be wandered by Lakheys, a type of demon in Nepalese folklore.

[1] Lakheys would come every night and make loud noises, break into homes, scare children and cause a disturbance in the area.

[1] Local resident Gaya Baje became annoyed by their acts, so he used his magical powers to control them and made them dig a pond at Pimbahal because "as long as the ground existed, the Lakheys would keep coming".

[1] According to another legend, Lakhey's wife had to travel far away to get water during wintertime because the taps would run dry.

The pond's restoration model was reportedly based on a painting by Henry Ambrose Oldfield.