Theory:

     “Look here, you four rupees, I said to them. I am a good boy. Don’t misguide me or it won’t be good for you. I get so much at home that I consider even looking at something in the bazaar a sin. Besides, you are my fees and fund money. If I spend you today, then how shall I show my face to Master Ghulam Mohammed in school tomorrow and after that to Allah miyan at Qayamat? You probably don’t know it but when Master Ghulam Mohammed gets angry and makes you stand on the bench, he simply forgets to let you sit till the last bell rings. So it’s best you stop chewing at my ears like this and let me go home straight.”
 
     The coins disliked what I’d said so much that all of them began to speak at the same time. There was such a clamour that passersby in the bazaar stared, eyes wide with surprise, at me and my pocket. The coin of those days, the wretched thing, made so much more noise too! Finally, in a panic, I grabbed all four of them and held them tight in my fist and then they were silent.
Explanation:
 
Later the boy responded to the four rupees. He said that he was a good boy and asked not to mislead him in the wrong way. The statement was made because the coins persuaded him to buy jalebis, and it stated that the money was intended for that purpose. The boy then said that it was not good for them if they were manipulating him. Furthermore, the boy added that he had many sweets or snacks at home and standing at the bazaar and gazing at things was considered a major sin. It means that the boy had enough food at home and, even glancing at something in the bazaar, was regarded as a major offence.

Moreover, the boy looked at the coins and stated that they were his fees and fund money. He also asked the coins how he would pay his fees if he spent the four coins. His other concern was how he would show his face to his master Ghulam Mohammed. His statement was based on the fact that his master was on leave on that particular day, and what excuse would he provide to his master if he spent the money on jalebis. In addition, he said that how he would face the Allah miyan at Qayamat. The term "Qayamat" refers to the day of judgement or resurrection. God would decide whether to send someone to hell or heaven based on the good or evil things they had done in their life. Based on the fact, the boy thought how he would face the Almighty if he spent the money and committed wrongdoing. He considered cheating a sin and claiming that he could not face God after making a mistake.

The boy then went on to explain his master's character. He stated that his master was a strict person. If his master became enraged, he would make the students stand on the bench as a punishment. Furthermore, he would forget the punishment and make the students remain standing on the bench until the last bell rang. As a result, he asked the coins to cease whispering to him in his ears, and he said he wanted to go home without wasting his time.

On the other hand, the coins did not like the way the boy spoke to them. As a result, all four coins began to speak at the same moment. People in the bazaar began to stare at him, and his pocket as the coins began to scream. It implies that the jingling of the coins caused people to widen their eyes and stare at them in a startled manner. Later the narrator stated that the coins of those days would make an unpleasant noise. At last, the boy, in fear, snatched all the four coins and clutched them tightly in his hand. As a result, the coins remained silent.
 
shutterstock_693670084.jpg
The boy held the coins tight in his fist
 
Meanings of the difficult words:
 
S.No
Words
Meanings
1
Misguide
Leading or guiding someone in a wrong way
2
Bazaar A market place
3
SinAn offence of breaking, a religious or moral law
4
Dislike Not like someone or something
5
StareLook fixedly or vacantly at someone or something with one's eyes wide open
6
Clamour  To make a loud complaint or demand
7
PanicA sudden strong feeling of fear that prevents reasonable thought and action
8
Fist A hand with the fingers and thumb held tightly in
9
GrabGrasp or seize suddenly and roughly
Reference:
National Council of Educational Research and Training (2008). It so happened. Jalebis- Ahmed Nadeem Qasmi (pp. 62-72). Published at the Publication Division by the Secretary, National Council of Educational Research and Training, Sri Aurobindo Marg, New Delhi.