According to Bhāsā Vamsāwali and Rājbhogmālā Vamsāwali, in A.D. 879, an astrologer from Bhaktapur, or Bhādgāon, had predicted that the sand at the confluence of the Vishnumati and the Bhadrāmati rivers would turn into gold if gathered at the right moment.

So Rājā Ānanda Malla, the then king of Bhaktapur sent out his workers in search of this extraordinary sand, who were witnessed by Sākhwā, then a local merchant.

Surprisingly however, the next day, Sākhwā found that only his sand but not the king’s had turned into gold.

In an act of great compassion, however, instead of using the gold for himself, he used it to pay off every other Nepali’s debts towards the king and offered it to him,[2] therefore giving the Nepali people as well as the king a reason to dedicate and mark an era in this act of great generosity.

[3] On the 26th of October A.D. 2003, Nepal’s Department of Postal Service also issued a postage stamp depicting his portrait, commemorating Sākhwā’s generous, compassionate philanthropy.