Police have arrested a 30-year-old man from Khagaria town in Bihar for cheating a Navi Mumbai resident to the tune of more than Rs 14.88 crore in a share trading cyber fraud, an official said on Friday.

The Navi Mumbai police's Cyber Cell tracked down and nabbed the accused, identified as Sujitkumar Madankumar Singh, who has connections in Cambodia where he worked at call centres and duped Indian citizens in scams, he said.