IPC Section 489D — Making or possessing instruments or materials for forging or counterfeiting currency notes or bank-notes

Summary

A person who makes, helps make, buys, sells, gives away, or simply possesses any machine, tool, or material, intending it to be used for making fake currency notes or banknotes, or knowing or believing that someone else plans to use it for that purpose, commits an offence. The punishment for this offence can be life imprisonment, or imprisonment for up to ten years, along with a fine.

Official Text

Whoever makes, or performs any part of the process of making, or buys of sells or disposes of, or has in his possession, any machinery, instrument of material for the purpose of being used, or knowing or having reason to believe that it is intended to be used, for forging or counterfeiting any currency-note or bank-note, shall be punished with imprisonment for life, or with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine.

Related Judgments

• K. HASHIM vs STATE OF TAMIL NADU — Supreme Court of India (2004)
• Date of Decision: 4th March, 2010; LALOO @ LALOO GHAI; Through: Mr vs STATE — Delhi High Court (2010)
• PAVANA DIBBUR vs THE DIRECTORATE OF ENFORCEMENT — Supreme Court of India (2023)

Old <-> New Code Mapping

• BNS §181 — Making or possessing instruments or materials for forging or counterfeiting coin, Government stamp, currency-notes or bank-notes