A Government Technical Institute (GTI) student was granted bail on Tuesday by Chief Magistrate Ann McLennan after he was found with ammunition hidden in a $100 bill.Renardo Morgan, of Charlestown, Georgetown, denied the charge which stated that on June 9, 2018 at Lombard Street, Georgetown, he had three rounds of live .32 ammunition without being licensed for same.His Attorney, Nikesha Persaud told the Court that the teen found the $100 bill on the road.However, Police Prosecutor Gordon Mansfield explained that the teen was seen by ranks acting in a suspicious manner. This led to him being stopped and searched by the ranks. He was arrested and charged. The prosecution is contending that the ammunition was found wrapped in a $100 bill in his left hand.Morgan was released on $10,000 bail. As a condition of his bail, he has to report to the Police Station nearest to his school every day. He will be assigned a social worker.