Shri Nagesha v. State of Karnataka
Case brief
What is this about?
Counterfeit currency notes; Section 489-B IPC (using as genuine forged or counterfeit currency-notes); Section 489-C IPC (possession of forged or counterfeit currency-notes); deposit of fake Rs.2,000/- notes into bank account; negotiation and possession of counterfeit currency suffice for offence; knowledge/innocence immaterial; conviction maintained; sentence modification; custody period treated as imprisonment; fine enhancement to Rs.1,20,000/-; first-time offender; handicapped accused; State Bank of India Shidlaghatta branch; Section 374(2) Cr.P.C appeal; High Court of Karnataka; CRL.A No. 1600 of 2021.
What did the court decide?
Appeal allowed in part: conviction under Sections 489-B and 489-C IPC maintained; custody period already undergone treated as period of imprisonment; fine enhanced to Rs.1,20,000/- (Rs.20,000/- already imposed + Rs.1,00,000/- imposed by this Court), payable on or before 28.02.2025, failing which the remaining period of sentence is to be undergone; Trial Court records to be returned for issuance of modified conviction order.