Rs 2000 notes from Children Bank of India: Row over SBI ATM dispensing fake cash

On February 6, a call centre employee withdrew Rs 8000 from the SBI ATM at Sangam Vihar. He later realised that all the four notes that the ATM dispensed were fake.

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Rs 2000 notes from Children Bank of India: Row over SBI ATM dispensing fake cash
SBI ATM at Sangam Vihar dispensed four fake Rs 2000 notes.

In Short

  • Call centre employee withdraws Rs 8000 from SBI ATM at Sangam Vihar.
  • The ATM dispensed four fake Rs 2000 notes.
  • FIR lodged, further probe is on in the February 6 incident.

In what can be certainly termed as a major security breach, a State Bank of India ATM at South Delhi's Sangam Vihar dispensed fake Rs 2000 notes recently. The pink coloured notes could be easily passed off as original until some of the glaring differences are noticed.

The notes mention 'Children Bank of India' in place of Reserve Bank of India and 'Guaranteed by the Children's Government' in place of Guaranteed by the Central Government. The fake notes had 'churan lable' in place of the latent image and a 'PK' logo at the lower half where bank's seal is seen in the original currency note. The content of the fake note clearly points towards some kind of prank.

Photo: Ilma Hasan

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According to reports, On February 6, a call centre employee withdrew Rs 8000 from the SBI ATM at Sangam Vihar. He later realised that all the four notes that the ATM dispensed were fake. He immediately approached the police station nearby to report the matter.

Photo: Ilma Hasan

A cop went to the ATM and withdrew a note himself to verify the complaint and to his surprise the note confirmed the allegation.

An FIR has been registered in the matter and further probe is on.

Photo: Ilma Hasan

CULPRITS IDENTIFIED

Additional Deputy Commissioner of Police Rajiv Ranjan Singh told IANS that the vendor who supplied the cash to the ATM and the persons who inserted the fake notes have been identified.

"The case is still a matter of investigation. The moment everything is done, arrests shall take place," Singh said.

While the police is investigating the Sangam Vihar incident, fake currency being flushed into the country from Pakistan through Bangladesh border has become a headache for security agencies.

The Reserve Bank of India (RBI) while introducing the new Rs 500, 2000 notes in November last year had claimed that the security features of the new notes are difficult to be copied. However, security agencies say Pakistan-based counterfeiters have managed to copy 50-60 per cent of the security features. According to police and security officials, counterfeiters have managed to copy 11 out of the 17 security features of the new notes.

In genuine currency, there are 13 features on the front side including two for visually impaired and four on the reverse.

(With inputs from IANS)

WATCH: SBI ATM found dispensing fake cash of Rs 2000 notes from Children Bank of India

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