Cabbie turns billionaire for a day as bank errs, gets Rs. 98 billion in account

Punjab: A taxi driver in Barnala city of Punjab turned into a billionaire for a day as cash to the tune of Rs.98 billion was transferred into his account four days ahead of the PM Modi announcement of abolishing high-value bank notes. However, the amount was deducted from Balwinder Singh'a account the very next day, the cabbie has visited all branches of his bank in the city to end the suspense on the mysterious transaction. "I am not satisfied with what the bank manager is telling me about the amount that has been transferred in my account. Bank manager is telling it is not their fault so I am not satisfied with it," Singh said on Tuesday. Local media reports say that Singh has also accused the bank of taking his passbook and issuing a new one without entering the amount credit and subsequent debit. Income Tax Officer Kapil Kishore said statements of the bank employees were being recorded to probe the matter. Further investigation is underway.