Indian Penal Code, 1860
489D. Making or possessing instruments or materials for forging
or counterfeiting currency-notes or bank-notes
Whoever makes, or performs, any part of the process of making,
or buys or sells or disposes of, or has in his possession, any machinery,
instrument or material for the purpose of being. used, or knowing or having
reason to believe that it is intended to be used, for forging or counterfeiting
any currency-note or bank-note, shall be punished with 152[imprisonment
for life], or with imprisonment of either description for a term which may
extend to ten years, and shall also be liable to fine.]