We investigate whether it is possible to store and retrieve the intense probe pulse from a Λ-type homogeneous medium of cold atoms. Through numerical simulations we show that it is possible to store and retrieve the probe pulse which are not necessarily weak. As the intensity of the probe pulse increases, the retrieved pulse remains a replica of the original pulse, however there is overall broadening and loss of the intensity. These effects can be understood in terms of the dependence of absorption on the intensity of the probe. We include the dynamics of the control field, which becomes especially important as the intensity of the probe pulse increases. We use the theory of adiabatons [Grobe et al. Phys. Rev. Lett. 73, 3183 (1994)] to understand the storage and retrieval of light pulses at moderate powers.