Business Standard

Safe money: what you should and shouldn't do if you get fake currency notes

Do not palm them off to others: it is a crime and you will legal face action

Rs 2,000 currency note
Premium

A customer gives Rs 2,000 rupee currency notes to the shopkeeper at a jewellery shop in Mumbai | Photo: PTI

Bindisha Sarang Mumbai
Radhika Sharma (name changed) an overseas trader in Mumbai, was in a hurry one evening when she paid off the taxi driver as she reached her destination. Her cellphone was dead, so ditched Uber’s service that allows digital payment for a Kali Pili. She 'broke' the pink Rs 2,000 note and left with three Rs 500 ones and some change. "I hastily dump the notes in your purse and rush for my shift. The next day, when I went to use the note elsewhere, the cashier checked the note against fluorescent blue light, and said it was fake," says Sharma.

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in