Kannur, June 13 -- The Kerala Police in Kannur launched an investigation after eight counterfeit Rs 500 currency notes were detected in a cash deposit made at a private bank branch.

The incident came to light on May 29. The counterfeit notes were allegedly detected in a bundle of cash deposited by a woman from the Echur area into her savings account.

According to the police, the woman had brought Rs 4.26 lakh for deposit when bank officials identified eight counterfeit Rs 500 notes during cash verification. The notes were subsequently handed over to the police.

According to Jishnu B, Sub Inspector, Kannur Town police, "Based on a complaint lodged by the bank manager, the Kannur Town police registered a case and launched an investigatio...