Cuttack: Police on Wednesday arrested one Satyajit Panda for allegedly depositing fake currency notes worth Rs 1.6 lakh in an ATM cash deposit machine at CDA Sector 6 in Cuttack.
He was apprehended after the Branch Manager of SBI, Bidanasi branch, Debakanta Naik lodged a complaint in this regard on January 20. He alleged that someone had deposited 53 counterfeit notes of Rs 2000 face value amounting to Rs 1.6 lakh on January 17.
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Acting on the complaint, police investigated the matter and apprehended the accused, who is a resident of Sector 8, CDA.
Further probe is on, sources said.
