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TN bizman booked for depositing fake Rs 1000 notes

Press Trust of India  |  Sivakasi (TN) 

A businessman has been booked on the charge of depositing fake scrapped Rs 1000 currency notes with a total face value of Rs 1.48 lakh in a nationalised here, police said.

Muthukumar, a cardboard and paper manufacturing unit owner, had deposited 150 Rs 1000 notes in the current account of his company and also in the account of one of his relatives.

When the cashier of the checked the notes, he found 148 notes to be fake, police said.

A case had been registered on a complaint from the officials.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, December 01 2016. 18:13 IST