The suspect, Haroon, was arrested two days after his deposit while attempting to withdraw cash at a bank branch in Lahore. The FIA has taken into custody branch manager Sher Quddus, operations manager Muhammad Atif, and official Abdur Rehman.
Investigations revealed that the bank’s cashier was deaf-mute, and the FIA team managed to obtain his statement regarding the incident.
On April 27, Haroon deposited the counterfeit currency at a private bank branch in Peshawar. Two days later, he withdrew Rs5 million from the bank in Lahore’s Sundardas area. When he attempted to withdraw an additional Rs20 million, the bank manager, having received information from the Peshawar branch, alerted authorities, leading to Haroon’s arrest.
The manager of the Peshawar bank stated that the deposited amount was confirmed to be counterfeit. Initially, the bank staff failed to detect the counterfeit notes because Haroon was a familiar customer with no previous criminal record. The staff claimed Haroon insisted on checking the notes before leaving the bank, but his regular presence led them to overlook any suspicious activity.