Counterfeiting coin
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Summary
Making fake coins, or knowingly taking part in making them, is punishable with up to seven years imprisonment and a fine. It also covers altering a genuine coin so it appears to be a different coin when done to deceive or when one knows deception is likely.
Example
Ravi files down a genuine 10‑rupee coin and alters its markings so it looks like a 100‑rupee coin, then uses it to pay for groceries. Because he intended to deceive, he can be prosecuted for counterfeiting and face up to seven years imprisonment and a fine.
Bare Act
Enacted textWhoever counterfeits or knowingly performs any part of the process of counterfeiting coin, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine.
Explanations
(1) A person commits this offence who intending to practise deception, or knowing it to be likely that deception will thereby be practised, causes a genuine coin to appear like a different coin.
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