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Demonetisation: Copy of R2000 note already out

An unknown man, who purchased onions from him gave him a 2,000 rupee note claiming it was a valid new note issued by banks.

In a first, this weekend has witnessed public standing in queues outside banks since early morning while banks worked overtime to fulfill the need of the hour for exchange of old demonetised currency of Rs 500 and Rs 1000 with the new better Rs 500 and Rs 2000 notes. But the question has now arised on security of the newly introduced currency?

Reportedly, fake Rs 2000 have appeared in the market of Chikkamagaluru, Karnataka.

In a report of Vijay Karnataka, it was reported that the new fake note was found in APMC market. Ashok, a farmer in Chikkamagaluru, had brought onion sacks to a nearby market. An unknown man, who purchased onions from him gave him a 2,000 rupee note claiming it was a valid new note issued by banks. Later, when Ashok showed it to his friends, he found that the note was a photocopy of the original currency note and was trimmed at the edges.

“It was a photocopy of the original note… anybody can notice it easily. The person (Ashok) was given the copy by a man in APMC market,” K. Annamalai, Superintendent of Police said.

The report added that the colour of the note in question was precise and therefore misleading. The note seemed to have been trimmed using scissors.

On November 8, Prime Minister Modi derecognized the currency of Rs 500 and Rs 1000 in an attempt to curb black money and introduced new Rs 2000 note, with the claims that it can’t be faked even by experienced and high-tech counterfeit printing press in Pakistan.

The government has been calling these new “high security” notes, with several new features. In a statement Reserve Bank of India said that the new Rs 2000 note included several features like a see-through register with the denominational numeral 2,000 which can be seen when the note is held up against light.

Additionally, there is also a latent image with the denominational numeral 2,000, which can be seen when the new note is held at a 45 degree angle at the eye level. The new notes also have a colour-shifting windowed security thread with the inscription ‘भारत‘, RBI and 2,000. The colour of the thread will change from green to blue when the note is tilted.

Reportedly for the visually-impaired, there is a raised print of Mahatma Gandhi’s portrait, the Ashoka Pillar emblem, bleed lines and identity marks.

The Rs2,000 notes have a motif of the Mangalayan, India’s Mars mission and the base colour is magenta. While Rs 500 note has Red Flag and the base colour is stone grey.

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