Offences Against Property
(1) Property whose possession was transferred by theft/extortion/robbery/cheating, or that was criminally misappropriated or breach-of-trust property (whether the underlying act happened in India or not), is "stolen property" - until it comes back into the possession of someone legally entitled to it. (2) Dishonestly receiving/retaining property known or reasonably believed to be stolen is punished with up to 3 years' imprisonment, fine, or both.
This is the general receiving-stolen-property offence, notably covering property stolen through CHEATING as well as theft/robbery/extortion/breach of trust - meaning knowingly receiving the proceeds of a fraud scheme is itself a separate, prosecutable offence.
This is directly relevant to money-mule and scam-proceeds cases: someone who knowingly receives or holds money or property obtained through a cheating/fraud scheme (not just theft) commits this separate receiving offence, even without having participated in the original fraud.