Officials of the Fort branch of the Reserve Bank of India (RBI) carrying out an audit of old and worn-out currency notes were a surprised lot when they found fake currency notes totalling over Rs3.88 lakh had been deposited with the bank between September 2010 and June 2011. Following the incident, the MRA Marg police on Sunday arrested a man, Said-ul alias Aslam Suratali Shaikh, a Jharkhand native living at Pydhonie.
Another significant fact was that small denomination notes were also deposited in the bank, which is very rare, said the police.
According to the police, it was during an audit of the currency notes that the RBI officials learnt of the high number of fake notes being deposited in the bank, which the vigilance department confirmed were deposited on various occasions between September 2010 and June last.
Interestingly, the fake notes were deposited in the department that checks and exchanges torn and unusable notes.
