Composer Error while installing Laravel "Failed to decode response: zlib_decode(): data error"

I've already installed laravel for many a times, but today when I need to install for a my project I experienced the following strange error:

Failed to decode response: zlib_decode(): data error

Retrying with degraded mode

I run the following command to install laravel:

composer create-project laravel/laravel myproject --prefer-dist

in my /var/www/ directory which is totally read, write and executable. Can some one help me in this regard????

via Chebli Mohamed