Mohit will be seen bowling for Kings XI Punjab now.
Another surprise that led to a jaw-dropping response was the price tag attached to unknown Murugan Ashwin, a player from the Tamil Nadu who hadn't been heard of much before today's auction.
He had a base price of Rs. 10 lakh, which was upped in a bidding battle to Rs. 4.5 crore by Rising Pune Supergiants.
Barinder Sran bagged his maiden IPL contract on Saturday, and his pay cheque of Rs. 1.2 crore from Sunrisers Hyderabad is an amount that has resulted from his successful debut for India on the recent tour of Australia.
Among the India veterans, while swing bowler Praveen Kumar pocketed a more than decent amount of Rs. 3.5 crore from debutants Gujarat Lions, Irfan Pathan will consider himself a bit unfortunate to go for his base price of Rs. 1 crore.
Prolific England wicketkeeper-batsman Jos Butler, who hit a century in an ODI against South Africa recently, also made news with his Rs. 3.8-crore contract from Mumbai.
*An Accelerated Process means the unsold players out of those auctioned are brought back on the table at the request of franchises.