Tamil Nadu: A 19-year-old man attempted to “open a branch of the State Bank of India” at Panruti near Tamil Nadu and he was arrested for forgery, police said on Saturday.
The man’s father and mother both were retired SBI employees, so had readied fake seals and challans of the public sector lender, and had other paraphernalia like a cash counting machine needed “to run a bank branch,” on an upper floor of his residence at Panruti, about 25 km from Tamil Nadu.
Followed by the SBI Panruti branch manager’s complaint, he was arrested for forgery and possession of counterfeit seals.
The printers who printed the fake challans and fake seals were held for similar offences and abetment.
They were produced before a magistrate court and enlarged on bail.