A 35-year-old man has allegedly been duped of Rs 2 lakh by three persons in a US dollar exchange fraud in Maharashtra's Navi Mumbai township, police said on Monday, reported PTI.

One of the accused had approached the victim, a resident of Dombivli in Thane district, claiming his relative wanted to exchange some USD notes. On May 12, the accused showed the victim bundles wrapped in a handkerchief that appeared to contain US currency near a hospital in Kalamboli, they said, reported PTI.