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Crime
PNB Saharanpur Vault Swapped ₹7.4 Crore Cash with Counterfeit Notes
✍️ TOI City
🗓 01 Sep 2026, 08:43 AM
👁 30
Police have uncovered a ₹7.4 crore cash swap at a PNB branch in Saharanpur, Uttar Pradesh, where genuine notes were exchanged for counterfeit currency. An FIR has been filed and a Special Investigation Team is probing the incident.
Police discovered that ₹7.4 crore in genuine currency had been swapped for counterfeit notes at the PNB branch in Saharanpur, Uttar Pradesh. The exchange was uncovered during a routine audit, prompting an immediate investigation. An FIR has been registered against several bank employees and private individuals suspected of orchestrating the fraud. A Special Investigation Team has been constituted to probe the incident and recover the missing funds. Authorities are reviewing internal controls at the branch to prevent future occurrences.