‘Reverse Bank of India’: Fake currency with ‘for movie shooting only’ leaves police baffled in Karnataka

The counterfeit notes bore the label “Reverse Bank of India”, a spoof on the official “Reserve Bank of India.”

Published on: Apr 9, 2025, 12:11:24 IST

By HT News Desk

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Police in Karnataka’s Dakshina Kannada district were left puzzled after seizing a stash of fake ₹500 currency notes marked “for movie shooting purpose only” from a rented house in Dandeli.

The case was solved on March 19 (Wednesday), a week after the crime happened, according to police. (Representational image)

The counterfeit notes bore the label “Reverse Bank of India”, a spoof on the official “Reserve Bank of India,” news agency PTI reported.

According to the report, the discovery was made on Tuesday following a tip-off. Acting on the information, police raided a house in Gandhinagar locality of Dandeli and recovered the fake notes along with a money-counting machine.

(Also Read: Bengaluru: Drunk man walks into unlocked houses in Indiranagar, robs and threatens woman in broad daylight )

The tenant, identified as Arshad Khan, originally from Goa, had been living in the house rented from Noorjan Jhunjuwadkar. Jhunjuwadkar alerted authorities after noticing that Khan had been missing for over a month.

According to officials, the seized notes were printed on shiny paper, lacked the signature of the Reserve Bank governor, and carried only zeroes in place of serial numbers. Each note was clearly marked with “movie shooting purpose only”, suggesting they may have been props.

Despite their apparent use in film production, police are taking no chances. A search is underway to locate Khan and question him about the notes and the circumstances surrounding their possession.

Authorities have not ruled out further investigation to ensure the notes weren’t being misused or circulated.

(Also Read: Karnataka Minister MB Patil bats for international status for Hubballi, Belagavi airports )

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HT News Desk
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