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In fact swimmer gets unravelled (7)

Ross

I believe the answer is:

decoded

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'unravelled' is the definition.
Although both the answer and definition are past participle verbs, I can't understand how one could define the other.

'in fact swimmer' is the wordplay.
'in' means one lot of letters goes inside another.
'fact' becomes 'deed'.
'swimmer' becomes 'cod' (cod is a kind of aquatic vertebrate).
'deed' going around 'cod' is 'DECODED'.

'gets' is the link.

Can you help me to learn more?

I've seen this clue in The Hindu.
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