We notice signatures of extreme events-like behavior in a laser based Ikeda map. The trajectory of the system occasionally travels a large distance away from the bounded chaotic region, which appears as intermittent spiking events in the temporal dynamics. The large spiking events satisfy the conditions of extreme events as usually observed in dynamical systems. The probability density function of the large spiking events shows a long-tail distribution consistent with the characteristics of rare events. The inter-event intervals obey a Poisson-like distribution. We locate the parameter regions of extreme events in phase diagrams. Furthermore, we study two Ikeda maps to explore how and when extreme events terminate via mutual interaction. A pure diffusion of information exchange is unable to terminate extreme events where synchronous occurrence of extreme events is only possible even for large interaction. On the other hand, a threshold-activated coupling can terminate extreme events above a critical value of mutual interaction.PACS numbers: 89.75.Fb, 05.45.aRare and recurrent large amplitude deviations of normally bounded dynamics are seen in many systems. Such occasional large amplitude spiking events are larger than a nominal value and their statistical distribution of occurrence shows qualitative similarities, in dynamical sense, with data records of natural disasters, rogue waves, tsunami, flood and share market crashes. These observations draw attention of researchers to investigate similar sudden large intermittent events in dynamical systems for developing an understanding of the origin of extreme events and exploring the possibilities of prediction. A laser based Ikeda map was studied earlier to profess the origin of a new dynamical phenomenon, namely, interior crisis, that leads to a sudden expansion of a chaotic attractor. This sudden expansion of attractor is not always a permanent property of the system, and it could be intermittent, which shows similarities with extreme events and this signature was overlooked earlier. Here we explore this extreme value dynamical features of the Ikeda map to confirm the phenomenon and the statistical properties of events. An investigation with two coupled maps has also been made in search of an appropriate coupling scheme that is able to terminate these undesirable extreme events.