Bangladesh's cricketers have decided to end their strike after being assured that most of their demands including a pay hike for first-class players have been met by the cricket board.
An agreement was reached late Wednesday close to midnight following lengthy discussions between the protesting players and the board officials.
"The talk was successful," said Bangladesh's Test and T20 captain Shakib Al Hasan, who emerged as the de facto leader of the revolt that lasted two days.
"The BCB (Bangladesh Cricket Board) president and directors, who were here, heard our demand and they assured us they will meet them at the quickest possible time," he added.
The compromise means the players are set to resume with the domestic competition National Cricket League, which was under the threat of cancellation.
Moreover, the Bangladesh tour of India is also expected to go ahead as planned after doubts were cast over the fate of the upcoming three T20Is and two Tests given the deepening cricket crisis in the country.
"Based on their (BCB's) assurance our first-class players will start playing from Saturday and our national team players will join the camp (for India tour) from October 25," Shakib said.
BCB president Nazmul Hassan, who had earlier aggressively reacted to the players' rebellion, said the board was willing to meet nine of the 11 demands presented by the cricketers.
"Apart from two demands, we have accepted all nine demands," Hassan said.
BCB distanced itself from the demand to revamp the leadership of the Cricketers' Welfare Association of Bangladesh and conduct fresh elections within the players' body.
Meanwhile, the demand for providing two NOCs annually to play in foreign leagues will be catered by the BCB on a case-by-case basis.
Supreme Court lawyer Mustafizur Rahman Khan was representing the Bangladeshi cricketers in the back and forth tussle with the board.
He intimated a list of demands given by the Bangladeshi cricketers to the media, which also included equitable wages for the female peers.
"Arrangements will have to be made where professional cricketers are given a fair share of the revenue generated by BCB, which, after all, is made possible through the toil and performance of professional cricketers," Rahman said.
Weeks of growing hostilities between the board and players had preceded the unprecedented strike.
A day before announcing the protest, Shakib had given a fiery interview to the Bengali daily Samakal, where he complained about Bangladesh's cricketers being suppressed by the board.