Phanigiri Buddhist site, recently seen in news, is

Solution

The Department of Archaeology and Museums discovered a coin hoard at Phanigiri site in Suryapet district, Telangana, from the Ikshvaku period. Phanigiri, meaning “hillock of snake hood,” is a Buddhist site approximately 110 km from Hyderabad. Excavations revealed a Mahastupa, Chaitya Grihas, viharas, and a life-size Stucco of Bodhisattva. Brahmi label inscriptions from Satavahana and Ikshvaku times (~2nd – 3rd Century A.D.) were also found, along with a thorana’s panel indicating co-existence of Mahayana and Hinayana sects.