KANPUR ATM DISPENSES 2 FAKE ₹500 NOTES
KANPUR: Two fake notes of ₹500 denomination were allegedly dispensed by an Axis Bank ATM in Marble Market, Kidwai Nagar on Saturday.
The notes had ‘Children Bank of India’ printed on one side, said Himanshu Tripathi and Ramendra Awasthi, who had withdrawn ₹10,000 and ₹20,000 respectively from the ATM.
Both Tripathi and Awasthi work for local marble dealers and had used the ATM to withdraw money one after the other.
“When we started counting the notes, we noticed that one note in each of the two wad 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 the investigation is complete,” said Kumar.
Bank manager said a private company CMS fills the cash in the ATM and their officials have been informed about ATM dispensing fake notes.
“The company will also investigate on its part and find out how the fake notes got into the currency cassette,” he said.
The 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 authorized to comment on such issues,” said a bank representative, not willing to come on record.