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) is investigating a case involving counterfeit currency believed to be worth ₹17.29 crore found inside a Punjab National Bank (PNB) currency chest in Saharanpur, Uttar Pradesh. The arrest of PNB manager Amit Kumar has intensified the probe, which aims to uncover if the fake notes were part of a broader network operating through the formal banking system.
Three PNB officials, including Kumar, are under suspicion, and they have been suspended pending further investigation. The counterfeit currency was discovered not through an individual courier or border crossing, but within the bank's currency chest, raising questions about how the fake notes infiltrated the system and potentially moved through legitimate banking channels.
The investigation is also exploring a possible Nepal connection, as police are examining the contacts and movements of the accused to determine if they had links with groups operating near or across the Nepal border.
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