Third Marataha War (1817-1818) %u2013 Marathas were ultimately defeated and Maratha power destroyed by British in several wars during 1817- 1818. Holkar's forces were routed at Mahidpur December 21, 1817 and Baji Rao II, who was trying to consolidate Marathas, finally surrendered in June 1818. British abolished the position of Peshwa and Marathas were limited to the small kingdom of Satara. Thus ended the mighty Maratha power.