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Delhi Capitals co-owner Parth Jindal has confirmed that Pant 'will definitely be retained' by the franchise.
The uncapped all-rounder was in the news after Punjab Kings bought him 'by mistake' during the Indian Premier League auction in December.
The selection panel consisted of former cricketers Wasim Akram, Matthew Hayden, Tom Moody and Dale Steyn. About 70 journalists were also part of the selection process.
Punjab Kings bought all-rounder Shashank Singh in the auction. According to reports, the franchise later 'realised' that it had made a mistake and approached the auctioneer to reverse the deal.
By the time they realised the mistake the bid had already been completed and the auctioneer denied the reversal.
Royals bought him only towards the fag end of the auction after his impactful spell in the second ODI against India.
Australia's all-formats hero became the most expensive player in the history of the league after attracting the eye-watering bid from Kolkata Knight Riders.
CSK bought the UP batter for a whopping Rs 8.4 crore at the IPL auction.
Leg-spinner Shreyas Gopal, who moved over to Kerala from Karnataka this season, was the lone player from the state to be bought in the auction.
The left-arm pacer broke Australian captain Pat Cummins' mark of Rs 20.5 crore set earlier in the day.