Axis Bank ATM in Kanpur dispenses fake Rs 500 note

An ATM belonging to Axis Bank in Kanpur district of Uttar Pradesh dispensed fake currency notes when two men attempted to withdraw money from it, news agency ANI reported.
When the men tried withdrawing Rs 10,000 and Rs 20,000 respectively, both of them got one fake note each with ‘Children Bank of India’ printed on it, instead of ‘Reserve Bank of India’. The notes were purported to be of the denomination of Rs 500.
One of the persons who received a fake note from the ATM, Sachin, said that they complained to the ATM guard about the incident, who noted it down in his register.
Photo credit: ANI
“I came to withdraw Rs 10,000. One of the notes dispensed had ‘Children Bank’ printed on it. We complained to the ATM guard who noted it down in his register. We are being told that the action will be taken and our notes would be changed on Monday,” Sachin, a victim, was quoted as saying to news agency ANI.
As the police were informed, the faulty ATM, located at Marble Market, has been shut down and an investigation is underway.
“We came to know that two people had withdrawn Rs 20,000 and Rs 10,000 from the said ATM. They received 1 note each of Rs 500 with Children Bank printed on that. The ATM has been shut down. The investigation is underway,” SP South Kanpur said.
The incident was reminiscent of days just after demonetisation when many such instances came to light in different cities.

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