1. to deceive, dupe s.o. : X натянул Y-y нос - X pulled a fast one on Y
X pulled the wool over Y's eyes.
2. to disgrace s.o. by having done sth. faster and better
X натянул Y-y нос = X beat Y to it (to the punch, to the draw)
X went Y one better.Большой русско-английский фразеологический словарь. — М.: ACT-ПРЕСС КНИГА. С.И. Лубенская. 2004.