News Karnataka
Saturday, December 03 2022
Mangaluru

Photocopy notes of Rs 2000 denomination rule in Vittal

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Bantwal: Certain people in the Vittal region of Bantwal taluk are raking quick ‘moolah’ by simply taking photocopies of Rs 2000 denomination and circulating them without any fear. Miscreants add few notes along with other genuine notes to hide their criminal deeds.

A labourer became the latest victim of such a ploy in Punacha village of Taluk, who finally ended in lodging a complaint at Vittal police station.

Krishnappa, resident of Yermethottu in Punacha village had taken loan from a finance company by pledging his gold finger ring. The finance company gave him new Rs 2000 note as they did not have other currency. When he went to a nearby petrol bunk they too refused to give him change.

Finally, he ended up buying liquor from government MSIL outlet and collected the balance amount in lesser denomination notes. Within few minutes, the wine shop staff came running after him and returned his Rs 2000 notes terming it as fake. They gave him Rs 100 as he did not have any money and asked him to exchange the Rs 2000 note from where he had originally collected.

When he went back to the finance company, they too refused to accept the note they gave by saying that they had collected the currency from the bank and ruled out the possibility of giving a fake note to Krishnappa.

Disturbed by the developments, Krishnappa briefed people about the turn of events who later accompanied him to Vittal police station to lodge a complaint.

Sub Inspector Prakash Devadiga visited the finance company and verified the CCTV footage. Victim Krishnappa has lodged a complaint seeking justice from the police department.

It may be recalled, few days back people in the area had alleged that a few banks in the town were giving fake currency notes along with the genuine ones.

In addition to the hardship associated with getting money for day-to-day needs after the Central government scrapped old notes and obtaining change for higher denomination notes, now people have to be cautious on the currency notes they collect from various sources including banks.

For now, demonetisation move seems to have backfired in this little town as people are angered by the circulation of fake currency within a fortnight after the old notes were scrapped by the Union Government.

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