Section 258
Prohibition Of Making, Possessing Or Repairing Instruments For Counterfeiting Currency
rency: (1) No person shall make, repair,
purchase, sell, give, take, export, import or possess any instrument or
other material knowing that or having a reasonable reason to believe
that it is intended to be used in or for forging or counterfeiting
currency.
(2) A person who commits, or causes to be committed, the
offence referred to in sub-section (1) shall be liable to a sentence of
imprisonment for a term not exceeding seven years and a fine not
exceeding seventy thousand rupees.