The accused placed Rs50.82 million in a Peshawar private bank branch on April 27.
When the accused arrived to get his money that had been placed, the manager called the FIA and had the fraud suspect taken into custody.
The bank employees said that the money that was placed in Peshawar was counterfeit.
The manager of Peshawar Bank stated that the accused was a long-standing client and that they did not verify the cash notes at the time of deposit.
There is no possibility for the reversal of fictitious or dubious monetary deposits, according to FIA authorities.