Google has been resetting PR values of websites/blogs that display sponsored content / paid content and links with out nofollow tag recently. If you are also one of those bloggers who faced this tragedy!, then you have a solution.
In the perspective of google, paid links certainly alter the search results and as they say they can not provide a quality service due to that.
So what you will have to do is to convert all the paid links to "nofollow"
[a href="" rel="nofollow"] some text [/a]
( [ = < , ] = > )
and then send a reconsideration application to google using google webmaster tools. Then with in few days, your page rank will be restored to the previous value.
Try out this and let me know what happened.
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