Whoever fraudulently or with intent that fraud may be committed, is in possession of coin with respect to which the offence defined in either of the sections 246 or 248 has been committed having known at the time of becoming possessed thereof that such offence had been committed with respect to such coin, shall be punished with imprisonment of either description for a term which may extend to three years, and shall also be liable to fine.
IPC Section 252: Simplified Explanation
IPC Section 252 of the Indian Penal Code (IPC) addresses the offence related to the possession of counterfeit coins. It states that anyone who, at the time of becoming possessed of a coin, knew or had reason to believe it to be counterfeit, and who either fraudulently or with intent that fraud may be committed, possesses such a coin, is guilty of an offence under this section.
Is IPC Section 252 bailable?
Yes, IPC Section 252 is a bailable offence. This means that the accused has the right to be released on bail, subject to providing the necessary surety or meeting other conditions as prescribed by the court.
IPC Section 252 Punishment
The punishment for IPC Section 252 is imprisonment of either description for a term which may extend to three years, and also with a fine. This indicates that the court can impose a prison term, a fine, or both, depending on the circumstances and severity of the offence.
Example of IPC Section 252
Imagine a scenario where a person named Suresh finds a coin that appears to be of high value but looks suspiciously counterfeit. Suresh, suspecting that the coin might be counterfeit, still decides to keep it and later tries to use it to pay for a service at a local mechanic’s shop. Upon inspection, the mechanic identifies the coin as counterfeit and reports it to the police. Upon investigation, it is found that Suresh knew or had reason to believe that the coin was counterfeit at the time he came into possession of it. In this case, Suresh can be prosecuted under IPC Section 252 for possessing a coin he knew to be counterfeit with the intent of using it fraudulently.
