Over the past few years the crime branch of India has seized fake notes of crores of rupees from various parts of the country including Calcutta and its suburbs. In this connection several people have also been arrested. The increase in the number of arrests and seized of fake notes show that large international gangs have network through which they are circulating fake notes in the city.
According to police records there are more than Rs 100 crores fake notes in circulation in and around the city and recently, fake notes of Rs 1.8 crore have been seized, which the police feel is the tip of the iceberg.
Over the past two years police has arrested around 44 people in this connection with the fake currency racket.
Fake notes of Rs 1 lakh are sold for Rs 60,000 in genuine notes. The terror operatives keep a part of the income while the rest swells the ISI coffers.
If someone accepts a fake note or gets one in circulation, he suffers a financial loss and also he has to give explanation to the police from where he got them.
If anyone gets fake notes he should deposit fake notes at a bank or a police station. If one gets a fake note from an ATM, then one should take it to the nearest branch of the bank and provide officials the time of the transaction, amount involved and the denominations of the notes handed out. Also one should keep the withdrawal receipt of the ATM as proof.
Let us see how to check features on the note like watermark
Find the empty portion on the left side of the note. Hold the note against light. One should be able to see a portrait of Mahatma Gandhi in this space, along with multi-directional lines and an electrolyte mark showing the denominational numeral (i.e. 100, 500...).
Visually disabled people can identify the denomination because of the watermark
What is micro-lettering?
Hold the note at eye level. Look at the gap between the vertical band on the right and the portrait of Mahatma Gandhi. In case of genuine notes, you should be able to see the word RBI and the denominational numeral in this space. Hold the note horizontally, with the right vertical band facing you. One should be able to see a latent image of the denomination.
If you hold the note against light, to the left of the portrait and half down the vertical band on the side, one should see a floral design, which appears hollow on the front side and filled up on the opposite side. The complete denominational numeral can be seen in this floral design, though half of the numeral is printed on one side and the other half on the opposite side.
Other identification marks
Below the floral design, one can see a dark patch in intaglio print (raised print). The shape of the intaglio print varies according to the denomination of the note. There are different shapes for different denominations (Rs 20 - vertical rectangle, Rs 50 - square, Rs 100 - triangle, Rs 500 - circle and Rs 1,000 - diamond).
On genuine notes you see security thread
It is 1.4mm wide. It is a broken band on the front of the note. However, from the back, it looks like a complete band. The words RBI and Bharat (in the Devanagari script) are inscribed on it. The security thread appears yellow in ultra-violet (UV) light. This thread will not glow if the note is fake.
What does UV light show?
Optical fibers on real notes make themselves visible when held under UV light. In case of a fake note, optical fibers are fewer in number. The year of printing of the original note should also be visible in the middle and the reverse side, near the bottom.
A genuine note is made of a fiber, which has a “unique feel” and makes “a crackling sound”. These features are common in notes that were released after 2005.
Also check color changes. Move Rs 500 or Rs 1,000 note. The color of the numeral will change from green (when you hold the note flat) to blue (when it is held at an angle).