  We present IRAC (3.6, 4.5, 5.8, and 8.0 micron) observations of the
Chamaeleon II molecular cloud. The observed area covers about 1 square degree
defined by $A_V >2$. Analysis of the data in the 2005 c2d catalogs reveals a
small number of sources (40) with properties similar to those of young
stellaror substellar objects (YSOs). The surface density of these YSO
candidates is low, and contamination by background galaxies appears to be
substantial, especially for sources classified as Class I or flat SED. We
discuss this problem in some detail and conclude that very few of the candidate
YSOs in early evolutionary stages are actually in the Cha II cloud. Using a
refined set of criteria, we define a smaller, but more reliable, set of 24 YSO
candidates.
