We present here the first convincing observational manifestation of a magnetar-like magnetic field in an accreting neutron star in binary system - the first pulsating ultra-luminous X-ray source X-2 in the galaxy M82. Using the Chandra X-ray observatory data we show that the source exhibit the bimodal distribution of the luminosity with two well-defined peaks separated by a factor of 40. This behaviour can be interpreted as the action of the propeller regime of accretion. The onset of the propeller in a 1.37 s pulsar at luminosity of ~$10^{40}$ erg/s implies the dipole component of the neutron star magnetic field of ~$10^{14}$ G.
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