If you've got a ₹500 note in your wallet, check it right now—you could be holding a fake. The Ministry of Home Affairs has sounded a nationwide high alert after a wave of high-quality counterfeit ₹500 notes was found circulating in markets. These fake notes look nearly identical to the real ones, making them extremely hard to detect with the naked eye.

Alert Sent to Top Agencies

In response to the threat, major financial and enforcement bodies like the DRI, FIU, CBI, NIA, and even SEBI have been put on alert. Banks and financial institutions across the country have been warned to tighten their scrutiny.

How to Identify the Fake ₹500 Note

The counterfeit notes are so well-printed that even vigilant citizens can be fooled—especially during quick cash transactions. But there’s one tiny error that can help you spot a fake:

In the word “RESERVE” printed in “RESERVE BANK OF INDIA”, the fake notes mistakenly use an “A” instead of an “E”.

This seemingly minor typo is your key to detecting the fake. However, due to its size and placement, it often goes unnoticed.

What You Should Do

• Inspect your notes carefully, especially if they come from unfamiliar sources.
• Look closely at the spelling of "RESERVE"—any irregularity is a red flag.
• Avoid hasty transactions—take a moment to check the notes, particularly in cash-heavy dealings.
• Report suspicious notes immediately to the nearest police station or your bank.

Authorities have also circulated images of the counterfeit notes among banks and businesses to help with identification. Vigilance from citizens is being treated as a frontline defense in curbing this threat.