Central Government Act
Section 243 in The Indian Penal Code, 1860
243. Possession of Indian coin by person who knew it to be counterfeit when he became possessed thereof.-- Whoever, fraudulently or with intent that fraud may be committed, is in possession of counterfeit coin, which is a counterfeit of 1[ 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.