Kanpur Residents Get Churan Label ‘Children Bank Of India’ Notes From ATM

Residents were left in a fix after an ATM of a private bank in south Kanpur’s Kidwainagar area started dispensing fake Rs 500 notes on Saturday.

Some of the notes had ‘Children Bank of India’ printed on them instead of ‘Reserve Bank of India’ and, ‘Full of Fun’ and printed in English with an image of Mahatma Gandhi on them. The fake notes also bore a ‘Churan Label’ watermark.

Himanshu Tripathi, who had gone to withdraw Rs 10,000 from the ATM and received those fake notes, said, “The notes were guaranteed by ‘Children Bank Of India’ rather than RBI, wherein the authority promised to pay the ‘bearer five hundred coupons’.