Code
(1) Property, the possession whereof has been transferred by theft or
extortion or robbery or cheating, and property which has been criminally misappropriated or in respect of
which criminal breach of trust has been committed, is designated as stolen property, whether the transfer
has been made, or the misappropriation or breach of trust has been committed, within or without India,
but, if such property subsequently comes into the possession of a person legally entitled to the possession
thereof, it then ceases to be stolen property.(2) Whoever dishonestly receives or retains any stolen property, knowing or having reason to believe
the same to be stolen property, shall be punished with imprisonment of either description for a term
which may extend to three years, or with fine, or with both.(3) Whoever dishonestly receives or retains any stolen property, the possession whereof he knows or
has reason to believe to have been transferred by the commission of dacoity, or dishonestly receives from
a person, whom he knows or has reason to believe to belong or to have belonged to a gang of dacoits,
property which he knows or has reason to believe to have been stolen, shall be punished with
imprisonment for life, or with rigorous imprisonment for a term which may extend to ten years, and shall
also be liable to fine.(4) Whoever habitually receives or deals in property which he knows or has reason to believe to be
stolen property, shall be punished with 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.(5) Whoever voluntarily assists in concealing or disposing of or making away with property which he
knows or has reason to believe to be stolen property, shall be punished with imprisonment of either
description for a term which may extend to three years, or with fine, or with both.
