Archive · 19 Dec 2025
Farmer Flees Bank with Fake Currency
A farmer in Nizamabad district tried to pay back his bank loan with fake money.
He gave the bank over ₹2 lakh in fake ₹500 notes.
When the bank staff found out the money was fake, the farmer ran away.
The police are now looking for him.
This has made people in the area worried about fake money being used.
A farmer attempted to repay a crop loan with ₹2,08,500 in fake ₹500 notes.
Bank staff detected the counterfeit money using a cash-counting machine.
The farmer fled the bank when questioned about the money's origin.
All the ₹500 notes had the same serial number, confirming they were fake.
Police have launched a search operation for the absconding farmer.
- Who
- Naredla Chinnasailu, a local farmer
- What
- Attempted to clear a crop loan with fake currency
- When
- Thursday evening
- Where
- Canara Bank branch in Varni, Nizamabad district
- Why
- To repay a crop loan
- Location
- Nizamabad district, Varni mandal
- Amount Involved
- ₹2,08,500
- Currency Denomination
- ₹500 notes
- Bank Involved
- Canara Bank
- Suspect
- Naredla Chinnasailu
- Action Taken
- Police search operation launched