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The Times of India
The Times of India
National
TNN

Lucknow: Fake currency worth Rs 47,710 found in RBI chest

LUCKNOW: Fake Indian currency worth Rs 47,710 was found in the Reserve Bank of India chest during an audit in Lucknow.

Satyavir Singh, assistant manager of RBI, lodged a case with Mahanagar police about the recovery of 454 counterfeit currency during the checking of notes.

In his complaint, Singh said these currencies were detected during October and November last year from different banks in the state.

“These fake notes comprised a Rs 10 rupee note, 18 notes of Rs 50, 443 notes of Rs 100, one note each of Rs 500 and Rs 2,000,” he stated in the FIR.

He wrote to the officials to conduct a checking and also conduct legal action before returning the notes to the RBI.

Singh said circulation/printing of fake currencies was a serious crime. He added that police may send the fake currencies to the currency printing press or forensic lab during the investigation of the case.

Station house officer, Mahanagar, Dinesh Chandra Mishra, said an FIR under the charges of using genuine, forged or counterfeit currency-notes or bank-notes has been lodged.

Last year, 44 fake currencies of Rs 20 and Rs 100 denominations were found in April-May during the checking by the RBI.

In 2020, the Reserve Bank of India had lodged an FIR stating that Rs 1.5 crore in demonetised currency was found in the bank chest deposited by various state banks between October 2017 and March 2018.

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