"Like many other scholars, Obeyesekere maintains that we lack evidence for such a belief before the Upaniṣads but he thinks that the preserved texts do not necessarily represent the whole religious situation in ancient India. 'It is true' - he says - 'that there is no way to trace the history of the theory of rebirth backward, but there is a methodological way out by examining how it might have originated' Then Obeyesekere creates - what he calls 'a theoretical possible model' to explain the problem. My paper will support this model with textual evidence. I would like to show that there are at least three stanzas in the Ṛgveda (RV) from which the belief in rebirth can be reconstructed. The argument is based not only on the philological data. but also on the consistency of the whole reconstruction and its power to explain many unclear issues, concerning both the interpretation of some Ṛgvedic Stanzas and the development of the concept of rebirth. I may add that I had managed to find the evidence supporting my argument before I became acquainted with Obeyesekere's book."