The Indian star, who will play at the coming week's World Cup of golf at the same venue, was on way to a superb top-10 finish at five-under but he dropped a late bogey on par-4 17th hole to sign off with a total of four-under 280.
He began with birdies on second and third and later added three more on eighth, 11th and 15th holes. But he also dropped shots on sixth, ninth, 13th and 17th.
At the top, Masters champion, Adam Scott successfully defended his Talisker Masters title, winning by two shots.
Starting the day four shots clear off the field, Scott saw his lead dwindle as American Matt Kuchar fired around the composite layout. A playoff loomed as the pair were tied on 14-under before a double bogey on the 18th for Kuchar handed Scott the title.
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"You can't think about the result until you're walking up the last and you know where things stand," said Scott, who finished with a tournament total of 14-under 270.
"I've never won back to back weeks so this is a first and something that I like," added Scott. "I think it's very hard to win two tournaments full stop, let alone back to back, so I'm quite pleased with myself this week."
Scott now looks forward to teaming up with Jason Day to represent Australia in the ISPS HANDA World Cup of Golf next week here. If Scott goes on to win the next two weeks he will achieve an extraordinary feat affectionately being named the 'Scotty Slam.'