Thane, Dec 8 (PTI) A 33-year-old man from Maharashtra's Thane district was allegedly cheated of Rs 21.9 lakh by cyber fraudsters who lured him to trade in Bitcoin, police said on Sunday.

The complainant, a resident of Dombivli, received a call from an overseas phone number, and the caller lured him to trade in Bitcoin, assuring him of lucrative returns, an official said.

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He said the man transferred Rs 21.9 lakh from November 8 to December 3. However, when he sought returns on his investment, the fraudsters did not respond to his calls or messages.

The police have registered a case under the Information Technology Act, and a probe is underway, the official said.

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