Looks like the debate around the fake currency circulation around India is far from settling anytime soon as another report of a Children Bank note being dispensed has emerged, this time from Meerut. A primary school teacher from Meerut in Uttar Pradesh revealed that he received a fake Rs 2,000 note from a Punjab National Bank ATM in Meerut. While speaking to the Indian Express, Sunil Dutt Sharma, the teacher, said that he has deposited the note in a bank in Meerut. “I had withdrawn five Rs 2,000 notes from an ATM and the single fake note came to my notice a day later. I first contacted the bank on phone and later went personally to submit an application,” he said.
The news has come out just one day after the Delhi Court granted bail to 26-year-old cash van custodian Mohammad Isha who was accused of inserting fake notes with the title ‘Children Bank of India’ into an SBI ATM in Delhi’s Sangam Vihar. The case came into the limelight last month when an SBI ATM in Delhi dispensed fake Rs 2000 notes with ‘Children Bank of India’ and ‘Churan Lable’ written on them.
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Isha was one of the primary suspects in the case and was called by the police for questioning him. However, he was detained and not allowed to go back home. Reportedly, he also got back to his job on at the cash management company, Brinks Arya, before he was arrested on February 23.
In a major move on Wednesday, some private banks like HDFC Bank, Axis Bank and ICICI Bank announced that they will be levying charges on cash transactions. They have decided to charge a minimum amount of Rs 150 per transaction for cash deposits and withdrawals in a bid to promote cashless and digital transactions. A move like this may also be helpful in restraining the instances of fake money being dispensed.