Nagpur, Feb 6 (PTI) A man was duped of Rs 46.12 lakh allegedly by a person who promised to get a Rs 4.5 crore loan sanctioned for him, police said on Sunday.

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A Bajaj Nagar police station official said Rohit Bhayaji Madwar (45) first took Rs 14.08 lakh from victim Dinesh Damodar Marsettiwar as "stamp duty" for the loan and then another Rs 32.04 lakh as various processing fees.

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A case of cheating and other offences has been registered and efforts were on to nab the accused, he added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)