After a State Bank of India ATM in New Delhi dispensed a fake Rs 2000 note bearing 'Children Bank of India' instead of Reserve Bank of India recently, another incident this time involving an ICICI Bank ATM has come to light.
After a State Bank of India ATM in New Delhi dispensed a fake Rs 2000 note bearing 'Children Bank of India' instead of Reserve Bank of India recently, another incident this time involving an ICICI Bank ATM has come to light.
According to a report in The Times of India, a Haryana police constable Raj Kumar received a fake Rs 2,000 note from an ICICI ATM in a town called Mehram in Rohtak when he withdrew Rs 6,000 on February 23. He later complained to the cops about the incident.
Apart from 'Children Bank of India', the bank also read 'Ek Kadam Swachhta ki Aur' and 'Bharatiya Manoranjan Bank'.
Apart from this incident, there have been two other similar independent instances where fake Rs 2000 notes bearing the aforementioned text have been dispensed from ATMs.
In the Mehram incident, Kumar who had reportedly withdrawn money for the first time from the ATM since demonetization, said "the fake note looked genuine and realised that something was not right only after careful examination," the report said.
The guarantor on the note is 'Children Government' and it promises to pay the bearer 2,000 coupons.
Kumar has since filed a police complaint in Mehram police station whose assistant sub-inspector (ASI) Sunder Pal said they hadn't spoken to the bank authorities because of the bank holiday and the weekend, the TOI report said.
Just a day before the incident in Mehram, a call centre executive in New Delhi had withdrawn Rs 8,000 and received fake Rs 500 and Rs 2,000 notes bearing the 'Children Bank of India' and other embellishments found on the aforementioned notes. On February 25, another SBI ATM, this time in Shahjahanpur in UP reportedly dispensed a scanned copy of a Rs 2,000 note.
On November 8, when Prime Minister Narendra Modi de-legalised the use of Rs 500 and Rs 2,000 notes, apart from eradicating a parallel economy, he said the move was to suck out counterfeit currency making its way into the country from across the borders which was largely responsible for funding terror.
Demonetization - as the process has been named since - sucked out Rs 14 lakh crore from the economy overnight and left the countrymen stranded, unable to withdraw their own money from the banks and ATMs. Stringent caps on cash withdrawal were put into place, with limits raised but still in place over 100 days after the move was announced. The government soon issued new Rs 500 and Rs 2000 notes and said they had several new security features that would make it impossible for perpetrators to replicate the new banknotes.
On February 24, a 27-year-old man working at an ATM cash loading company was arrested. He was accused of exchanging five original Rs 2000 currency notes with the 'Children's bank of India' notes that were dispensed from the SBI ATM in New Delhi.
The accused Mohd Isha was the custodian of the cash deposited in the SBI ATM in Sangam Vihar and had been working with a logistics and cash management firm for over a year, according to Hindustan Times. A News18 report said the accused was working with Brinks Arya Pvt Ltd.
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