Kanpur | Children Bank Trust strikes again, ATM closed after dispensing fake notes

An Axis Bank ATM located in Kanpur’s Marble Market dispensed fake currency notes with 'Children Bank of India' printed on them on Sunday.

‘I came to withdraw Rs 10,000. One of the notes dispensed had 'Children Bank' printed on it. We complained to the ATM guard who noted it down in his register. We are being told that the action will be taken and our notes would be changed on Monday,’ Sachin, the victim was quoted as saying to news agency ANI.

Meanwhile, the local police has shut down the ATM and probing the incident.

We came to know that two people had withdrawn Rs 20,000 and Rs 10,000 from the said ATM. They received 1 note each of Rs 500 with Children's Bank printed on that. The ATM has been shut down. Investigation is underway: SP South Kanpur pic.twitter.com/zKhc4KScO3

— ANI UP (@ANINewsUP) February 11, 2018

‘We came to know that two people had withdrawn Rs 20,000 and Rs 10,000 from the said ATM. They received 1 note each of Rs 500 with Children's Bank printed on that. The ATM has been shut down. Investigation is underway,’ SP South Kanpur said.

This would be most likely the first such case reported in 2018. In February last year, a Delhi ATM had similarly dispensed fake notes. The fake notes read ‘Children Bank of India’ in place of the Reserve Bank of India and ‘Guaranteed by the Children’s Government’ in place of Guaranteed by the Central Government.