How do you take down a link
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Salut from Sunny wetherby UK

Having just watched a whiteboard fri clip all about the "Penguin Update" i want to know how to take down a link.
I feel a site ive been working on has been pecked by the penguin. I did build inbound links on a specific commercial term and shiver me timbers is dropped oof the SERPS from top 5 to ziltch, yiles!!
So my questiuon is please:
if you find an inbound link using a target term how do you kill it?Thanks in advance :_)
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I'm assuming you are referring to link that you did via some networks.... where it is a little harder to remove the links since there is no direct connection between you and the link host?
Assuming that to be the case - (since otherwise the course of action would be pretty straight forward) - then I would do as I stated here.
http://www.seomoz.org/q/how-can-low-quality-links-be-removed
Sorry to post a link to a previous one of my answers - but it was quite a long one.
Did you get the notice regarding unnatural links in GWT ?
Let me know if I can help further.
Carlos