How did ₹17.29 crore fake notes reach a PNB currency chest? NIA probes possible Nepal link amid manager's arrest
The NIA arrested Amit Kumar, manager of the Jagadhri currency chest on Monday and a key named accused in the case.
The National Investigation Agency (NIA) apprehended Amit Kumar, a bank employee and a principal suspect in the counterfeit currency case at the Punjab National Bank currency chest in Saharanpur, Uttar Pradesh, on Tuesday (September 8, 2026), officials disclosed. According to an official statement, "The National Investigation Agency (NIA) has arrested an absconding accused, Amit Kumar, a bank employee and a key FIR-named accused in the conspiracy relating to counterfeit currency notes at the Punjab National Bank currency chest, Saharanpur, UP, in case RC-02/2026/NIA/LKW."
On August 29, 2026, the PS Sadar Bazar police station in Saharanpur received information about the seizure of counterfeit Indian currency notes worth ₹17.29 crore from the bank's currency chest. During the investigation, it was revealed that three bank employees were involved, and they were subsequently suspended by the bank. The case was first registered as FIR No. 0431/2026 on August 29, 2026, under section 178 of the Bharatiya Nyaya Sanhita (BNS), 2023, against three accused individuals.
The NIA took over the investigation on September 3, 2026, and is currently probing the full extent of the conspiracy to apprehend the remaining co-accused.
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