Hyderabad man held for depositing fake ‘Children Bank of India’ notes

Hyderabad Police on Tuesday arrested a man named Yousuf Shaikh for allegedly trying to cheat in Allahabad Bank located in Malkajgiri city in Hyderabad by depositing fake currency to the tune of Rs.9.19 lakh with 'Children Bank of India' written on them.

According to bank officials, Shaikh came to the bank at around 10:40am to deposit cash. The cashier in the bank noticed 'Children Bank of India' written on the notes and immediately alerted the bank manager. The bank then informed the police.

According to the police, the suspect tried to deposit the notes that were imprinted with 'Children's Bank of India' on them. The notes included 400 notes of new Rs 2,000 and 380 notes of new Rs 500. ​

Yousuf, who runs a stationery shop in nearby area, had opened the account in June, 2016. The Police are investigating the case.

OneIndia News