Section 489C Indian Penal Code

Section 489C of the Indian Penal Code 1860 is about Possession of forged or counterfeit currency notes or bank-notes. It is under CHAPTER XVIII (OF OFFENCES RELATING TO DOCUMENTS AND TO PROPERTY MARKS) of the Code.

Possession of forged or counterfeit currency notes or bank-notes

Whoever has in his possession any forged or counterfeit currency-note or bank-note, knowing or having reason to believe the same to be forged or counterfeit and intending to use the same as genuine or that it may be used as genuine, shall be punished with imprisonment of either description for a term which may extend to seven years, or with fine, or with both.