A drill bit comprises a bit body connectable to a drill string at an first end, which bit body is provided with a longitudinal passageway extending from an opening at the first end to a port at a second end. The drill bit further comprises a closure element for closing the passageway, and when the closure element is in a closing position, the closure element is removable. Further, the closure element comprises a first and a second member that are movable relative to each other between an expanded configuration and a collapsed configuration, in which collapsed configuration, the closure element is retractable through the passageway to the first end.