RBI recovers fake notes from more chests in UP

Lucknow, Oct 3 (UNI) After the recent recovery of over Rs four crore fake currency in State Bank of India (SBI) Dumariyaganj chest in Siddhathnagar district, counterfiet notes worth Rs 65,950 have been seized from two more banks' chests in Uttar Pradesh. Uttar Pradesh Additional Director General of Police (law and order) Brijlal today said a Reserve Bank of India's (RBI) team from Kanpur made the seizure during the intensified checking underway in view of the recent recovery at Dumariyaganj chest.

On October one, the RBI conducted raids and seized fake currency, having face value of Rs 35,000, from Union Bank of India, Betiyahata chest in Gorakhpur district.

The seizure comprised 17 notes and 36 notes of Rs 1,000 and Rs 500 denomination respectively, Mr Brijlal informed.

Besides this, the very same day, the RBI recovered phoney currency worth Rs 30,959 from wads of money sent by SBI Baraut chest in Baghpat district. The seized counterfiet currency included Rs 500, Rs 100 and Rs 50 denomination notes.

FIRs have been registered in connection with both the cases and investigation was on, the ADG added.

On August 5, a team of senior RBI officials reached the SBI Dumariyaganj chest and seized counterfeit Indian currency worth Rs 20 lakh in Siddharthnagar district.

Later, on secreening over Rs four crore were detected fake.

UNI JAS SY BST1849