What is the correct pronunciation of ḽ (ऌ)?

There is no ‘r’ sound in pronouncing ḽ (ऌ).  For example, in the word ‘kḽptam’ meaning ‘limited’ the kḽ rhymes with the kṛ of kṛṣṇa (Krishna) but there is no ‘r’ sound – an approximate representation of the word would be kliptam. Many wrongly pronounce ḽ like lṛ.  It is probably the result of confusion because of the similarity…