What is Section 246 IPC?

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  1. Fraudulently or dishonestly diminishing weight or altering composition of coin —

Whoever fraudulently or dishonestly performs on any coin any operation which diminishes the weight or alters the composition of that 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.
Explanation — A person who scoops out part of the coin and puts anything else into the cavity alters the composition of that coin.

CLASSIFICATION OF OFFENCE
Punishment-Imprisonment for 3 years and fine—Cognizable—Non-bailable— Triable by Magistrate of the first class—Non-compoundable.

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