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₹8.43 lakh fake cash deposited in Ahmedabad banks,SOG probes

by TLAteam June 26, 2024June 26, 2024
written by TLAteam June 26, 2024June 26, 2024
₹8.43 lakh fake cash deposited in Ahmedabad banks,SOG probes

The Special Operations Group (SOG) registered a complaint alleging that fake currency notes worth ₹8.43 lakh were deposited in various private and government banks in Ahmedabad.

Business News

A total of 1,901 fake notes were seized, including 166 notes of ₹2,000 denomination, 785 notes of ₹500, 275 notes of ₹200, 597 notes of ₹100, 77 notes of ₹50, and 1 note of ₹20.

Banks deposit fake currency notes detected during transactions with the SOG, which then registers a complaint and initiates an investigation.

Fake notes were deposited by HDFC Bank, ICICI Bank, Reserve Bank of India, Axis Bank, Canara Bank, IDBI Bank, Kotak Mahindra Bank, Kalupur Bank, DCB Bank, SBI, and AU Small Finance Bank in the SOG.

Upon investigation, it was found that most of the notes were made using photocopy machines and printers.

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