Providing location to Cargo.toml for fmt pre-commit hook

Question

I have repository that has both Python and Rust code inside.

In the root of the repository I have .pre-commit-config.yaml with:

  -   repo: https://github.com/doublify/pre-commit-rust
      rev: master
      hooks:
        -   id: fmt
            args: ['--manifest-path', 'rust_code/Cargo.toml']

In the rust_code/ folder I have rust code together with Cargo.toml.

However, it looks like the hook expects Cargo.toml to be in the root of the repository and is ignoring arguments.

Error during execution of `cargo metadata`: error: could not find `Cargo.toml` in `D:\projects\project-repo` or any parent directory

What options do I have?