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'cheat' is an old cant term for a name of any object, from Anglo-Saxon ceat a thing
1620 - Villanies Discovered, Thomas Dekker;
see below from E-NED
From: A Select Collection of Old Plays in Twelve Volumes.
Printed by J. Nichols For J. Dodsley, Volume VI, 1780
The Roaring Girl, or, Moll Cutpurse
By Tho. Middleton and Tho. Dekker