A 30-year-old man was nabbed by Kotwali police and recovered six fake old currency notes of Rs 1,000 denomination at Allahabad bank on Friday.
According to the police on Friday, a man was nabbed by Kotwali after bank manager of Allahabad bank Imran Hamid informed the police regarding a youth with six fake notes of denomination of Rs 1,000.
Acting swiftly a police team rushed to the bank and detained the man who was identified as Mohammad Aslam of Mangalwara. The details of the accused have been searched and his involvement in the circulation of fake notes would be investigated.
SHO of Kotwali police Neeraj Verma said that the nabbed accused would be questioned regarding the fake old notes. It would be investigated that the accused is involved in producing fake notes and his accomplices.
The accused have expressed ignorance over the money. The police have registered a case under section 489 of the IPC after the bank manager lodged a complaint against the accused and have started further investigation into the matter.
Police suspects that there is racket behind the circulating of fake notes is responsible for the fake notes and as Rs 1,000 notes have been demonetized completely on November 24 the miscreants are trying to deposit the currency in bank accounts. These notes were earlier circulated in the market earlier but with the demonetization the miscreants are left with no other option but to deposit these notes in the bank accounts.
The matter highlighted after the accused went to the bank to deposit the fake notes and when the machine decline accepting the notes the cashier reported the incident to the manager Imram who after checking the notes informed the police.