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A module that is projective and torsion free but not faithfully flat?

Let $R$ be a (noncommutative) ring and $\mathcal{N}$ a right module that is projective and torsionfree. Projectivity of course implies that $\mathcal{N}$ is flat, but does projectivity together with torsionfreeness suffice to imply that $\mathcal{N}$ is faithfully flat?