Updated On: 28 June, 2025 07:57 AM IST | Mumbai | Shirish Vaktania
HDFC staff uncover counterfeit currency in deposit machine; cops hunt depositor caught on camera; bank staff later found five fake Rs 500 notes, triggering a mandatory police complaint under RBI guidelines

PIC/RBI
Mumbai police are investigating a case involving counterfeit Rs 500 currency notes discovered at an HDFC Bank branch in Khar West. The fake notes were detected in the bank’s cash deposit machine, prompting officials to lodge a complaint with the Khar police.
The incident took place on June 6, when an unidentified person deposited cash into the machine. Bank staff later found five fake R500 notes, triggering a mandatory police complaint under RBI guidelines.
“The complainant, a bank employee, noticed the fake notes during routine inspection. The cash deposit machine is equipped with a feature that detects counterfeit currency and redirects it to a separate ‘fake note box’,” said a police officer.