Top-seed Indian boxer Amit Panghal crashed out of the ongoing Tokyo Olympics after losing to Colombia's Yuberjen Martinez in men's Flyweight (48-52kg) here at Kokugikan Arena on Saturday.

Martinez overpowered Panghal in the last two rounds of the bout to clinch the match by a split decision of 4-1 to progress into the quarterfinals. This was Amit's first-round match at the Games.