Son of former SBI employees held for opening fake bank branch in Tamil Nadu© zeenews.india.com

Son of former SBI employees held for opening fake bank branch in Tamil Nadu

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An alleged attempt by a 19-year-old man to "open a branch of the State Bank of India" at Panruti near here was scuttled and he was arrested for forgery, police said here on Saturday.

The man, son of retired SBI employees, 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 here.

He had not, however, put up any signboard.

The SBI Panruti branch manager lodged a complaint with police seeking action following a tip-off by a customer that the man was "opening an SBI branch and has challans as well."