"I decided to take up moral responsibility for our debacle in Australia and hence have decided to quit captaincy after the first two Tests of this series to give time to the selectors to find a successor for me," Sachin said reading out from a prepared text before reporters.
Sachin said he had reluctantly accepted the skipper's post at the beginning of the current season. "I was not mentally prepared, yet took up the job in the interest of the team since I was one of the senior members of the team."
"I tried my best but nothing worked for us in Australia. I am not offering any excuses," but decided to quit the captaincy.
"I assure you I will continue to give my best to the team like in the past."
"I lastly thank all my team members as well as the officials of the cricket board for all the support they have given me during my tenure as the captain," Sachin said.
The announcement, a virtual bombshell for those present at the press conference, brings down curtains on the second essay of Sachin as skipper of the team.