A man in Punjab was duped of Rs 22.65 lakh by traders who sold him a horse that later only turned out to be dyed black, the prized colour in horses.Cloth merchant Ramesh Kumar from Sunam town in Sangrur district, in a police complaint, said he was allegedly duped by horse traders -- Jatinder Pal Singh Sekhon, Lakhwinder Singh, and Lachra Khan -- on the pretext of selling him a Marwari breed stallion.

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Also, READ: WhatsApp users alert! Beware of this new technique used by scammers to steal moneyHe said when he gave a bath to the horse, the dye washed away and the real red coat of the horse surfaced.Kumar invested the money in the black horse to start a stud farm.Police have registered a case of fraud against the accused.As per the police, the accused had cheated eight other people by selling fake breed horses.