Watch: Man arrested for depositing ‘Children’s Bank’ currency in Hyderabad

Hyderabad: The city Police arrested a person here on Tuesday, Yousuf Shaikh, for trying to cheat the Allahabad Bank, Malkajgiri Branch, by depositing ‘Children Bank of India’ currency notes amounting to Rs.9.19 lakh, taking advantage of the similarity between these notes and the actual currency notes. .

The bank cashier noticed this and informed the Manager, who complained to the Kushaiguda police. The police reached the Bank and arrested the person. Yousuf went to the bank in the morning to deposit the cash.

The police officials said Yousuf tried to deposit the notes that were printed with ‘Children’s Bank of India’ on them. The notes included 400 notes of new Rs 2,000 and 380 notes of new Rs 500. Yousuf, who runs a stationery shop in nearby area, had opened the account in June, 2016. The Police are investigating the case.