'A' finds a purse with money, not knowing to whom it belongs; he afterwards discovers that it belongs…

The later dishonest retention for personal use is criminal misappropriation under section 314 of the Bharatiya Nyaya Sanhita, 2023 (formerly section 403 IPC), closely following its purse illustration under Explanation 2. Initially finding the purse without knowing its owner is not theft as stated; dishonest conversion after discovering the owner creates liability. Criminal breach of trust additionally requires entrustment, which is absent here, and no deception inducing delivery is alleged for cheating. The offence is punishable with imprisonment of not less than six months and up to two years, and fine.