FOX Sports insider and NFL Network contributor Jay Glazer is reporting that the Dolphins have traded cornerback Vontae Davis to the Indianapolis Colts  for a second round draft pick:

For all who’ve been trying to find out Colts trade, I’m reporting the Colts have agreed to a trade for Fins CB Vontae Davis for 2nd rd pick

— Jay Glazer (@JayGlazer) August 26, 2012 ^[1]

Davis had lost his starting job to veteran Richard Marshall during training camp this year, appearing third on the depth chart and mainly coming onto the field in nickel situations, with Marshall moving inside to the slot and Davis playing the corner opposite Sean Smith.

Originally a first round pick (25th overall) by Miami in 2009, Davis has started 36 games in three seasons for the Dolphins, collecting nine interceptions, one of which was returned for a touchdown.