According to Reserve Bank of India notes beginning with serial no 2 AQ & 8 AC is suspect. The Mumbai Anti-Terrorism Squad has seized 345 fake 1000-rupee notes, beginning with the numbers 2 AQ and 8 AC.
India is facing a severe economic war being waged against it by Pakistan using fake currency notes. According to official estimates, around 1, 98,000 fake notes worth Rs 2,000 crore are in circulation in the country.
The RBI has admitted that fraudsters have access to unique security features such as Optically Variable Ink and Colour Shift Security Thread. These are being used to print the fake notes.
The RBI has alerted banks to use note sorting machines or CVPS machines to spot the fake notes.
Advert.