The Hindu·2 min read·medium

Cash Management firm under probe for allegedly depositing 19 fake ₹500 notes

T
The Hindu Bureau
Cash Management firm under probe for allegedly depositing 19 fake ₹500 notes
AI Summary

Police in Bengaluru are investigating a cash management firm after 19 counterfeit ₹500 notes were discovered in deposits made at an SBI branch. The bank filed a formal complaint after detecting the fake currency during routine verification processes.

The Cubbon Park Police have initiated an investigation against a city-based security and cash management company for allegedly depositing 19 counterfeit ₹500 currency notes at the State Bank of India (SBI) Main Branch on St. Mark’s Road.

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