The Navi Mumbai Police in Maharashtra have arrested a man from Dubai who allegedly cheated a person of Rs 1.23 crore by luring him to invest in share trading, an official said on Saturday, reported the PTI.

The Cyber Crime Unit of the Navi Mumbai Police had issued a lookout notice for the accused, and he was apprehended at Surat Airport on June 26 when he arrived from Dubai, the official said.