Here is the latest recap of IPL 2012 Auction as happened.

Jadeja emerged the costliest player.
Sahara pulls out of IPL .
IPL Chairman Rajeev shukla cries foul.
Mahela Jayawardene snapped by Delhi Daredevils.
Muttiah Muralitharan went only for USD 220,000 to RC Bangalore.

IPL 2012 Auctions:

Ravindra Jadeja 100,000 2,000,000 Chennai Super Kings (Tie breaker)
Mahela Jayawardene 300,000 1,400,000 Delhi Daredevils
R Vinay Kumar 100,000 1,000,000 Royal Challengers Bangalore
Brendon McCullum 400,000 900,000 Kolkata Knight Riders
Sunil Narine 50,000 700,000 Kolkata Knight Riders
Parthiv Patel 200,000 650,000 Deccan Chargers
Thisara Perera 50,000 650,000 Mumbai Indians
RP Singh 200,000 600,000 Mumbai Indians
Brad Hodge 200,000 470,000 Rajasthan Royals
Andre Russell 50,000 450,000 Delhi Daredevils
S Sreesanth 400,000 400,000 Rajasthan Royals
Mitchell Johnson 300,000 300,000 Mumbai Indians
Muttiah Muralitharan 200,000 220,000 Royal Challengers Bangalore
Azhar Mahmood 100,000 200,000 Kings XI Punjab
James Faulkner 100,000 190,000 Kings XI Punjab
Brad Hogg 100,000 180,000 Rajasthan Royals
Ramesh Pawar 100,000 160,000 Kings XI Punjab
Robin Peterson 100,000 100,000 Mumbai Indians
Darren Bravo 100,000 100,000 Deccan Chargers
Daniel Harris 50,000 70,000 Deccan Chargers
Herschelle Gibbs 50,000 50,000 Mumbai Indians
Dinesh Chandimal 50,000 50,000 Rajasthan Royals
Kevon Cooper 50,000 50,000 Rajasthan Royals
Merchant de Lange 50,000 50,000 Kolkata Knight Riders
Doug Bracewell 50,000 50,000 Delhi Daredevils