The New Zealand skipper was bought for Rs 14 crore and led the Hyderabad franchise in the 2022 season. The batter had a forgettable season as he scored 216 runs in 13 innings.
Agarwal, who was the mainstay of the side's top-order from 2019-21 and scored well, could only score 196 runs in 12 innings at an average of 16.33 and a strike rate of 122.50 since he was appointed the captain in 2022.
MI has retained most of its core players like Rohit Sharma, Suryakumar Yadav, Ishan Kishan, Jofra Archer and Jasprit Bumrah. Also, with the future in their mind, the side has retained some exciting young talent like Tilak Verma, Tim David, Dewald Brevis and Tristan Stubbs.
The franchise, which has not won an IPL title yet but has reached playoffs for three years consistently, are expected to retain their six overseas players and most of their domestic players
The right-arm seamer, who was also handy with the bat, will depart along with all-rounder Chamika Karunaratne, Aaron Finch, Pat Cummins, Sam Billings, Mohammad Nabi, and Sam Billings.
Ever since he signed with MI in 2010, Pollard has been one of the marquee players of the franchise, having won them many games with his all-round performances.
Retail inflation moderated to a three-month low of 6.77 per cent in October from 7.41 per cent the previous month. Also, wholesale inflation in October came in at single-digit after 18 long months.