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Fake Notes with ₹4.63 Lakh Face Value Found in Axis Bank Currency Chest in UP’s Meerut

Summary by Hindustan Times
The complaint said currency chest is linked to 186 Axis Bank branches. Customers deposit cash at these branches after which money is sent to currency chest for processing.

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Fake Currency Racket: The discovery of counterfeit currency worth over ₹4 lakh at the Axis Bank branch in Civil Lines, Meerut, has caused a stir. Police have registered an FIR and formed a special investigation team.

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Fake notes worth 4.63 lakh rupees have been found in the Meerut Axis Bank currency chest. 1323 fake notes were recovered in the 13-month cash investigation, which has brought 186 branches under investigation.

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Dainik Bhaskar broke the news in Bhopal, India on Wednesday, September 23, 2026.
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