On a hardware node check if you have fuse module

# modprobe fuse

#lsmod | grep fuse

vzctl set 101 –devices c:10:229:rw –save
vzctl exec 101 mknod /dev/fuse c 10 229
To set /de/loop use below command

# modprobe loop   on hardware node

vzctl set 201 –devices b:7:0:rw –save
vzctl exec 201 mknod /dev/loop0 b 7 0

To make sure entries remain after vps reboot add the below in config file in  /etc/vz/conf/101.conf

DEVICES=”c:10:229:rw ”
DEVICES=”b:7:0:rw ”

now reboot vps and all is done :)