This invention relates to a high precision biopsy instrument which is self-cutting and self-retrieval in nature and includes a camera and a fiber-optic light configured for obtaining the biopsy tissue. The biopsy instrument with the incorporation of vertical and horizontal cutting blades is configured to obtain the biopsy tissue with minimum architectural tissue damage. The camera in the biopsy instrument is used to facilitate capturing photographs of the potentially malignant disorders and malignant neoplasms for the purpose of diagnosis as well as video graph the same for the purpose of determining the exact site of biopsy through tele-conferencing between surgeons and pathologists. The pictures obtained during the procedures can be used for documentation purpose. The present invention also includes a fiber optic light for illumination of the operating site as it creates less colour variation.