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.
CHAPTER XVIII OF OFFENCES RELATING TO DOCUMENTSAND TO PROPERTY MARKS · Of currency-notes and bank-notes
Section 489C: Possession of forged or counterfeit currency-notes or bank-notes
The Indian Penal Code, 1860 (repealed)
Repealed by the Bharatiya Nyaya Sanhita, 2023 (45 of 2023) with effect from 1 July 2024.
Now in the BNS
As given in the official comparison tables of the Bureau of Police Research and Development and the Allahabad High Court (the NCRB table has no row for it). Read both texts before relying on it.
| IPC 489C | BNS 180 |