ibnlive » Business

Aug 14, 2009 at 09:39am IST

Currency template leaked, CBI on fakes alert

New Delhi: The secret template India uses to print currency notes has been "compromised" and that is possibly why fake but real-looking Indian currency notes are being pumped in, says the Central Bureau of Investigation.

The CBI, the nodal agency for checking fake notes, has now formed a special team comprising its sleuths and officials from the Directorate of Revenue Intelligence, the Reserve Bank of India and the Central Forensic Science Laboratory to find out how and at what level the design got "compromised".

"Our investigations have revealed that the 2005 secret security template which was introduced as part of the new design adopted then has been compromised," CBI Director Ashwini Kumar said.

MAKE IT EASY: The leaked templates may flood the market with fakes.

Asked, if the country was still using the security template, he said, "yes".