The Detection unit of Crime Branch, Ahmedabad has registered an FIR after 6304 counterfeit notes in various denominations, were detected in 15 banks in the city and reported to the police. The case has no connection with the demonetising, said DCP (crime) Deepan Bhadran, although the FIR was lodged Wednesday. The banks which reported the counterfeit notes are Reserve Bank of India (RBI), Kotak Mahindra, ICICI, HDFC, HSBC, Bank of India, State Bank of India, DCB, Yes Bank, Social Co-operative Bank, IDBI, Axis, IDBI, Standard Chartered Bank and IndusInd Bank. The FIR has PSI NN Rabari as the complainant.
Bhadran said that these were notes going into bank remittances over a period of at least 2-3 months “which the banks detected, sent to their main branch which sent it back to the respective branches after confirming they were counterfeit, and which in turn reported to us”. The money could have deposited either over the counter or through Cash Deposit Machines.
The currency detected is mostly in denominations of Rs 1000 and Rs 500, besides smaller denominations. “The cost of printing each fake note is Rs 140 so to get maximum return the counterfeiters print larger denominations”, said the officer. The agency has begun tracking the notes with the help of the banks based on their series.