Section 243 of IPC 1860: Possession of Indian coin by person who knew it to be counterfeit when he became possessed thereof
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Possession of Indian coin by person who knew it to be counterfeit when he became possessed thereof-Indian Penal Code
Whoever, fraudulently or with intent that fraud may be committed, is in possession of counterfeit coin, which is a counterfeit of Indian coin, having known at the time when he became possessed of it that it was counterfeit, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine.