Fake notes seized in SBI's Khalilabad chest in UP

Siddharthnagar, Sep 7: After the recovery of fake currency worth of crores of rupees from the State Bank of India's Dumariyaganj chest here, counterfeit notes amounting to Rs 13,000 have been seized from the bank's Khalilabad chest in Sant Kabirnagar district.

The seizure, comprising 13 notes of Rs 1,000 denomination, was made yesterday during checking by a team of the Reserve Bank of India.

The fake notes were recovered from among the wads of money sent by the Union Bank of India's Betiyahata branch in Gorakhpur recently.

According to sources, the RBI team was keeping a keen eye on the money being stored at the SBI branches since the recent unearth of the big racket at the bank's Dumariyaganj branch in Siddharthnagar.

Meanwhile, SBI branch manager N S C Popli registered a case in this connection at the Khalilabad police station.

Earlier on July 29, STF of Uttar Pradesh Police had confiscated fake Indian currency of Rs 5,00,000 at SBI Dumariyaganj chest in Siddharthnagar and later held bank cashier Sudhakar with Rs 7,21,000, including fake notes of Rs 5,000 from his house.

On August 4, a team of senior RBI officials reached the SBI and seized counterfeit Indian currency of Rs 20 lakh from the branch's main chest in Siddharthnagar district.

The Uttar Pradesh government had ordered probe by a Special Investigation Team (SIT) into the multi-crore rupees fake currency racket and realising the seriousness of the case, later the government had recommended investigation by the CBI into the racket.

UNI