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₹17 Cr Fake Currency: 21-Member Joint Team of RBI, PNB Traces Cash Trail

Summary by Hindustan Times
A 21-member joint team of officials from the Reserve Bank of India (RBI) and Punjab National Bank (PNB) is tracing the cash trail of counterfeit currency worth around ₹17 crore recovered from a PNB currency chest in Saharanpur, with investigators examining how such a large quantity of fake notes entered the banking system and passed through multiple layers of verification before reaching the chest

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The investigation into the discovery of counterfeit currency worth ₹17.29 crore (172.9 million rupees) at the Punjab National Bank (PNB) currency chest at Ghantaghar in Saharanpur has intensified. Given the seriousness of the matter, an eight-member team from the National Investigation Agency (NIA) arrived in Saharanpur on Thursday night. The team is investigating the entire chain of how the counterfeit notes reached the currency chest. It is al…

·Bhopal, India
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An RBI team arrived on Tuesday to investigate the 17 crore rupees worth of counterfeit currency notes found at the Punjab National Bank currency chest. Officials searched the PNB currency chest in Sophia Market.

·India
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Amar Ujala broke the news in India on Wednesday, September 2, 2026.
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