Hanumant Kharat, father of Manoj Kharat, said that his son has been 'framed' in the Nirav Modi fraud case by the Punjab National Bank. He said, "The entire banking system is faulty. My son has been framed by the bank." Saying that his son's payment is mere Rs. 23,000, he questioned how could an employee commit fraud worth crores, whose authority is to deal with amounts not more than Rs. 25000? Single Window Operator Manoj has been arrested for helping Modi conduct fraudulent transactions of over Rs. 11,000 crore.