One person was arrested for trying to deposit fake notes of Rs 500 denomination. (File Photo)
One person was arrested for trying to deposit fake notes of Rs 500 denomination with a face value of Rs 49,000 at a bank branch in Kaliachak in Malda district on Monday.
A senior police officer said Noor Mohammed Ali was taken to police custody after it was found he tried to deposit 98 counterfeit currencies, each with the face value of Rs 500, at Bangiyo Gramin Bikash Bank's Kaliachak branch.
Branch manager K Hazra said he became suspicious after handling the notes, which Ali came to deposit after the Centre demonetised Rs 1,000 and Rs 500 notes.
Ali, hailing from Marupur village, came to deposit the fake notes to the savings account of his wife.
"We are trying to bust the racket," said the officer.
Kaliachak in Malda district was one of the important transit points for circulating fake currency before the demonetisation drive.