After several reports of a digital currency app under its name, Reliance Jio made an official statement saying it that it has not launched any cryptocurrency app and users should refrain from using them.
In its official statement, Reliance Jio said, "Reliance Jio would like to inform the public and media that there are no such apps offered by the company or its affiliates / associates. Any such apps using the JioCoin name are fake and people are advised to refrain from dealing with any of them."
An app with the name "Jio Coin" published by "Reliance Jio" had crossed 10,000 downloads on Google Play Store by the time Reliance Jio made the announcement.
"Reliance Jio takes a serious note of such fraudulent attempts by unscrupulous persons to misguide the public in the name of Jio and reserves the right to take appropriate legal recourse," Jio said.
Inputs from PTI