My roommate lost huge some to a scam now asking for help

So my roommate lost around 6 lakh rupees to a scam and he is asking me and other roomates for help, but the thing is i am having a feeling that he will not be able to return anytime soon and he is in big trouble, he cannot ask money home as they already warned him about doing anything like this as he has history of bad financial decisions. I really feel bad for him,i have bailed him out of situations before and he has returned my money but this time it is too big, I want to help but my gut is saying no this time, the money i have , i saved it over the years working part What should I do?