Dmitry Muratov, editor-in-chief of newspaper Novaya Gazeta, on Monday auctioned off his Nobel Peace Prize gold medal for a whopping $103.5 million to benefit children displaced by the conflict in Ukraine.

The full purchase price of the medal of Muratov will benefit UNICEF's humanitarian response for Ukraine's displaced children, Heritage Auctions, which conducted the auction, said in a statement.

(With input from agencies)