Android based Lumia device coming with Nokia by Microsoft Branding

Great news WP Fans. Trusted smartphone leaker is back with some serious as well as exciting news. According to @evleaks, an Android device is in works which will come with the branding Nokia by Microsoft this year. More details on these are not yet available,
and we are not sure why Microsoft would want to do this when they have established Lumia as a Windows Phone brand. Microsoft is already selling Android (AOSP) based devices with the brand name ‘Nokia X’. Releasing a Lumia device based on Android(AOSP) will dilute the Windows Phone brand and may create confusion among the consumers.

Let us not speculate much and draw conclusions until we hear officially from Microsoft. What do you think of this rumored move from Microsoft?