The Halasuru Gate police are on the lookout for a man who deposited fake currency notes of ₹500 denomination into a cash deposit machine on the premises of a private hospital. The unidentified man had deposited a total of ₹1.04 lakh of which five ₹500 notes were fake, said the police.
The fraud came to light when bank officials who had recovered the cash from the ATM last Wednesday tried to deposit it along with other currency collected to the Reserve Bank of India.
According to the police, when RBI officials identified the notes as fake, they alerted the bank and sought an explanation from it. On verification, it was found that the man had deposited the money into a savings account with a private bank.
