Not true. You can take a loan to yourself from it.
Yes, you can take a loan, but you have to convince the trustee that it is for an eligable purpose, as detailed in the plan documents.
If you qualify, you can take 50% of the account value.
You have to set up a regular repayment plan.
That may all be worth it, better than being confiscated, but the rules have be set pretty tight, and you are at the mercy of the plan administrator.