The record
Written from the 1 report below. Nothing here is unsourced.
- Authorities discovered 1,323 counterfeit banknotes during a review of the Axis Bank currency chest in Meerut.
- The fake currency, including 500, 200, 100, and 50 rupee denominations, was identified in deposits processed between December 2024 and December 2025.
- Bank manager Sartaj Singh filed a formal complaint with the police after the internal audit revealed the discrepancy.
- An investigation is now underway to determine the source of the fake notes across the 186 branches linked to the currency chest.
What to watch next
- Ongoing police investigation into the source of the counterfeit currency.
- Examination of deposits from 186 branches connected to the currency chest.
Coverage1
1 report
Indian-language1
All filed from India
Named India · Axis Bank · BBGTS Murthy · Civil Line Police Station · Meerut · Sartaj Singh · Vinayak Gopal Bhosale
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