Rockstar is vowing to penalise those who use exploits to boost their bank accounts in Grand Theft Auto Online.

In recent weeks, a number of Grand Theft Auto Online players have managed to gather vast sums of money via exploits found in the game, which has upset the balance and left other players frustrated.

“We will continue to issue title updates on an ongoing basis to counter the negative impact this has had on gameplay, and as part of today’s maintenance period, we are removing the counterfeit GTA$ from the game's economy,” said Rockstar in a statement.

“Anyone who innocently received GTA$ as a result of these exploits but did not engage in cheating to acquire it will not face any further action – the funds will just be removed, and you'll be able to keep any items you currently own.

“Those who actively engaged in cheating and exploiting the game in this manner will, however, be subject to in-game penalties at our discretion.

“This may include being placed in isolated cheater pools or banned from GTA Online altogether.”

Rockstar advises players who encounter others using exploits to alert it directly via the in-game reporting functionality. In the Pause menu under the Online tab, select Players and scroll to the offending player. From there, select Report and choose Exploits from the violation options.

“We're grateful for the community's continued support in dealing with these issues and once again apologise to anyone that has had their Grand Theft Auto Online experience sullied by these exploits that broke the game's natural flow,” said the company.