Section 420
Cheating & Dishonesty Inducing Delivery of Property
Whoever cheats and thereby dishonestly induces the person deceived to deliver any property to any person, or to make, alter or destroy the whole or any part of a valuable security, or anything which is signed or sealed, and which is capable of being converted into a valuable security, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine.
Simply Explained
If someone cheats and dishonestly convinces another person to give up property, or to make, change, or destroy a valuable document, they can be punished with up to seven years in jail and a fine.