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The Economic Times
The Economic Times

PNB officials took out Rs 7.4 crore worth real currency from the vault and replaced it with fake notes; senior manager and two chest managers among suspects

A shocking cash fraud has come to light at a Punjab National Bank (PNB) currency chest in Saharanpur, Uttar Pradesh, where genuine currency worth around Rs 7.4 crore was allegedly taken out of the vault and replaced with fake notes, according to a report by The Times of India.

The case has raised questions over how such a large amount of genuine currency could be removed from a bank's secured cash vault without being detected earlier.

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