The 2012 PokerStars Caribbean Adventure Main Event is going into Day 5 with just 24 players still in contention for the first major title of the year.

The tournament started out with more than a thousand registered players, but following almost a week of intense action at the Atlantis Resort and Hotel in Bahamas, only three eight-player tables now remain, headed by Faraz "The Toilet" Jaka as the chip leader.

Jaka has been in control for most of the latter stages of the tournament, and finished Day 4 on top with a 4,110,400 chip stack, good enough for the overall chip lead as the players went on a deserved break last night.

Once they return again later today, Jaka will be trailed by Alex Fitzgerald in second place with 2,709,000 chips, and Phil D'Auteuil in third with 2,280,000.

As it is the case with Jaka, both of his closes contenders have also been hovering around the top of the chip counts for the past few days.

Also still in are a few recognizable names, most notably Martin Jacobson, Xuan Liu and Ruben Visser.

Barry Greenstein, Luca Pagano and Spanish pro golfer Sergio Garcia were in turn all among those who fell on Day 4.

Once the players return, they will be fighting to secure themselves a seat at the final table, which is set to be played on Friday night.

The final table will live streamed with hole cards via PokerStars.tv.

Once down to the eight finalists, all players will be sure to collect at least $156,400, while first prize is an even $2 million.

For more information and chip counts, see the PokerStars Blog.