The Navi Mumbai police has booked four persons for allegedly cheating a financial analyst in share trading fraud of Rs 29 lakh by luring him to take up the share trading, an official said on Tuesday.

Based on a complaint, a case was registered at the cyber police station under sections 420 (cheating) and 406 (criminal breach of trust) of the Indian Penal Code and the Information Technology Act, he said, according to newswire PTI.