Section 413 of IPC : Section 413: Habitually dealing in stolen property

Explanation using Example

Example 1:

Ravi runs a small pawn shop in Mumbai. Over the past year, he has been repeatedly buying gold jewelry from a group of individuals at prices significantly lower than the market rate. Ravi is aware that these individuals have a history of theft and burglary. Despite knowing this, he continues to purchase the stolen jewelry and resell it at a profit. One day, the police conduct a raid on his shop and find a large quantity of stolen jewelry. Ravi is arrested and charged under Section 413 of the Indian Penal Code for habitually dealing in stolen property.

Example 2:

Sunita owns a second-hand electronics store in Delhi. She frequently buys used mobile phones, laptops, and other gadgets from various sources. Over time, she notices that a particular supplier, Rajesh, always brings in high-end electronics at very low prices. Sunita suspects that these items might be stolen but continues to buy from Rajesh because it boosts her profits. Eventually, the police trace several stolen items back to her store. Sunita is charged under Section 413 of the Indian Penal Code for habitually dealing in stolen property, as she had reason to believe the goods were stolen but chose to ignore it.