Hyderabad Man Held For Depositing ‘Children Bank of India’ Notes 

Hyderabad: A man named Shaik Yousuf was caught by bank officials trying to deposit fake currency notes with a face value of Rs 9.91 lakh with 'Children Bank of India' printed on them.

Shaik Yousuf went to the Allahabad bank on Tuesday in Malkajgiri area with the fake notes in denomination of Rs 2,000 and Rs 500. When the cashier noticed he informed senior officials of the bank, who in turn lodged a complaint with police.

Shaik had procured the notes from a stationary shop and took photocopies of the same and attempted to deposit them in his account, Assistant Commissioner of Police (Malkajgiri Division) G Sundeep said.

Based on preliminary investigation, the ACP said Shaik seems to be a "mentally disturbed" person and he got the thought of depositing these notes (with a face value of Rs 9.91 lakh) through his "inner self".

Malkajigiri Police Station Inspector Janaki Reddy said following the complaint they registered a case under IPC sections 420 (cheating), 489 A (counterfeiting currency notes or bank notes) and 489 E (making or using documents resembling currency notes or bank notes) against case and took him into custody.