This one hasn't been implemented yet. You may use semaphore.tryAcquire
instead.
Background: Due to its design, dot42 supports the entire Android API (C# classes are proxies and generated from the android.jar). But is supports only part of the .NET API because the .NET classes are handcrafted on top of the Android/Java API.
Related question: Java Equivalent of .NET's ManualResetEvent and WaitHandle
UPDATE
We released the API under Apache License 2.0 so anyone may contribute now. I also logged an issue.