New Delhi, Feb 22: Even as the government continues to assure people that there is no cash crunch four months after demonetisation, reports of fake Rs 2000 notes being dispensed by an ATM in Delhi’s Sangam Vihar have emerged. Reports say that on February 6, the State Bank of India ATM dispensed four Rs 2,000 notes carrying the label ‘Children’s Bank of India’ instead of ‘Reserve Bank of India’.Also Read - RBI Slaps Penalty Of Rs 1 Crore On SBI For Irregularities In Regulatory Compliance

The police reached the ATM to find out what went wrong after a case was filed. A case of manufacturing documents resembling currency notes, using forged or counterfeit notes and of cheating was registered at Sangam Vihar police station under IPC sections 489-b, 489-e and 420. An India Today report also said that that Finance Ministry has been notified of the issue. Also Read - Russian President Vladimir Putin to Visit New Delhi on December 6 For 21st India-Russia Annual Summit

The man who withdrew the notes, identified as Rohit, also said that the note felt like plastic and also had wrong text written all over it. Reports say that similar toy notes are available at toy shops nearby for Re 1 each. According to reports, the notes, dispensed on February 6, read ‘Guaranteed by the Children’s Government’ in place of Guaranteed by the Central Government. There was ‘Churan lable’ in place of the latent image and a fake ‘PK’ logo instead of the bank’s seal. Also Read - Massive Jump! India's GDP Likely to Grow 8.1 Per Cent in Q2 FY22, Says SBI Report

According to the reports in the Hindustan Times, the police also confirmed the report saing, “We sent a sub-inspector to verify the allegations. He withdrew one Rs 2,000 note and that also turned out to be fake,”. The report also said that the other notes in the bundle were genuine.

According to the Hindustan Times report, an SBI spokesman has said that they will be sending a team to investigate the matter.

The incident comes just a week after the Border Security Force seized 100 fake Rs 2,000 currency notes from Malda in West Bengal. This was the biggest such haul from the Indo-Bangla border region after demonetisation.

On February 18, the Jammu police had busted a gang involved in printing of fake currency and arrested two people. The police recovered fake notes in different denominations. Rs 3.98 lakh in fake currency, a printer and a cutter were recovered from those arrested.

On February 20, a Muzaffarnagar court had sentenced a man named Ramesh to 10 years in jail for printing and circulating fake Indian currency notes. A fine of Rs 35,000 was also slapped on him while the court acquitted three others due to lack of evidence.

Meanwhile, four months after Prime Minister Narendra Modi announced demonetisation of Rs 500 and Rs 1000 notes, the government now says that there is enough cash. “Enough cash available. Logistics, issues of reloading ATMs more frequently being addressed,” Economic Affairs Secretary Shaktikanta Das tweeted on Wednesday.