Only one is true

Logic Level 2

Some money has been given inside of a envelope among three envelopes:

The envelopes had the following writing:

Envelope 1: This envelope does not have the money.

Envelope 2: This envelope has the money.

Envelope 3: Envelope 2 does not have the money.

Only one statement is true and the other two are false, which envelope has the money?

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