Under intense pressure from various quarters, embattled Abhay Singh Chautala today offered to relinquish the life presidency of the Indian Olympic Association, but only if the International Olympic Committee has reservations about his elevation to the position.Chautala, who has been chargesheeted in a disproportionate assets case, and 2010 CWG corruption scandal tainted Suresh Kalmadi were made Life Presidents at the IOA's Annual General Meeting in Chennai two days back. The decision had stunned the Indian sporting fraternity and leaving the Sports Ministry fuming.Kalmadi chose to step aside yesterday. Chautala said in a statement today said he was ready to do so but only if the international parent body disapproves of him taking up the honorary position.