Cops raid rented house in Karnataka, find Rs 500 'Reverse Bank of India' notes

The police raided a rented house in Dandeli, Uttara Kannada, uncovering suspicious currency. The currency was a stash of Rs 500 notes marked 'for movie shooting'.
Police raid rented house based on tip-off, find stash of Rs 500 notes.
Police raid rented house based on tip-off, find stash of Rs 500 notes.
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Bundles of suspicious Rs 500 notes discovered in a rented house in Karnataka’s Uttara Kannada district sent the police into a tizzy. The horde of notes was found during a raid.

Prima facie, the notes appeared to be fake currency.

The raid, carried out on a specific tip-off on Tuesday evening, led to the seizure of the notes and a money-counting machine from the premises at Gandhinagar in the district’s Dandeli town.

However, the officials realised the notes lacked key features of legal tender, as there was no Reserve Bank of India seal, no RBI Governor signature, and no serial numbers. Instead, the reverse side bore the words “for film shooting purposes only.”

“There is also no serial number on it, and therefore, it cannot be categorised as fake currency. On the back side of the note, it’s mentioned that it is for film shooting purposes. However, verification is still pending,” a senior police officer told.

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Police raid rented house based on tip-off, find stash of Rs 500 notes.

Interestingly, the notes were marked “Reverse Bank of India” instead of the official title and printed on shiny paper with zeroes in place of denomination numbers.

The police took into custody the tenant who was residing in the house for questioning, and further investigating the case.

Source: India Today

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