Clarification Issued on When Possession of Fake Currency Constitutes ‘Trafficking’; Automatic Presumption under Section 489B IPC Rejected: Calcutta High Court

A Larger Bench of the Calcutta High Court has delivered a significant ruling clarifying that mere possession of Fake Indian Currency Notes (FICN), irrespective of quantity, does not automatically amount to trafficking and cannot trigger any statutory presumption under Section 489B IPC. The judgment stresses that criminal intention remains the core requirement, and prosecution must prove knowledge and purpose behind possession. Background Of The Case The decision came in a…