Pune Police have arrested a Telangana-based electronics engineer, who holds a doctorate degree from a UK-based university, for an alleged online fraud with a private university of Rs 2.46 crore, officials said.

The university lodged a complaint with the police in the first week of September that the institution was allegedly swindled for Rs 2.46 crore by an online fraudster who posed as a professor of the Indian Institute of Technology, Bombay.

The fraudster promised the Pune-based varsity officials that he would help them get a project from IIT-Bombay, a police release said on Wednesday.

The alleged online fraud took place between July 25 and August 26 this year, wherein the fraudster, by posing as the professor of IIT-B, cheated the varsity by making them transfer Rs 2.46 crore into d

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