The police have registered a case against five unidentified persons for allegedly cheating a man from Kharghar in Maharashtra`s Raigad district to the tune of over Rs 46 lakh by promising high returns on investment, an official said on Saturday, reported the PTI. 

According to the PTI, based on a complaint lodged by the 34-year-old victim, the police on Thursday registered an FIR against the five accused under Indian Penal Code (IPC) sections 406 (criminal breach of trust), 420 (cheating), 419 (cheating by personation) read with 34 (common intention), as well as relevant sections of the IT Act, a Kharghar police station official said.