If the attribution is to be taken as "Shungas", since King Dhanabhuti was making a major dedication to a Buddhist monument, and on the contrary the Shungas are known to have been Hindu monarchs, it seems that Dhanabhuti himself was not a member of the Shunga dynasty. Neither is he known from Shunga regnal lists. His mention of "in the reign of the Shungas" also suggests that he was not himself a Shunga ruler, only that he may have been a tributary of the Shungas, or a ruler in a neighbouring territory, such as Kosala or Panchala.