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Kanpur ATM dispenses 2 fake Rs 500 notes

The notes had ‘Children Bank of India’ printed on one side, said Himanshu Tripathi and Ramendra Awasthi, who had withdrawn Rs 10,000 and Rs 20,000 respectively, from the ATM.

lucknow Updated: Feb 11, 2018 14:23 IST
HT Correspondent
HT Correspondent
Hindustan Times, Kanpur
Fake notes,Rs 500,Children bank of India
Himanshu Tripathi and Ramendra Awasthi, who work for local marble dealers, show the fake Rs 500 notes withdrawn from the ATM at Marble Market in Kanpur’s Kidwai Nagar.(HT PHOTO)

Two fake Rs 500 notes were allegedly dispensed by an ATM of a private bank at Marble Market in Kanpur’s Kidwai Nagar on Saturday.

The notes had ‘Children Bank of India’ printed on one side, said Himanshu Tripathi and Ramendra Awasthi, who found the notes when they withdrew cash from the ATM. Both work for local marble dealers in the city.

“When we started counting the notes, we noticed that one note in each of the two wads was quite thin,” said Tripathi.

“Close examination revealed that Children Bank of India was printed on one side. ‘Churan label’ and ‘full of fun’ was also printed on it,” said Awasthi, who approached the ATM guard and showed him the notes.

The Marble Market Trader Association president Vijay Kumar also reached the site and informed the bank manager Anand Raj Soni.

“The ATM has been shut down on our demand till investigation is complete,” said Kumar.

The bank manager said a private company named CMS fills the cash in the ATM and their officials have been informed about the fake notes.

“The company will also investigate on its part and find out how the fake notes got into the currency cassette,” he said.

Bank officials have examined the video footage in which both were seen withdrawing the cash and going out counting notes.

When contacted, RBI officials in Kanpur refused to comment. “Only Mumbai Central Office is authorised to comment on such issues,” said a bank representative.

First Published: Feb 11, 2018 14:23 IST