How do i get rid of unsightly cholesterol ring in the eyes?

Arcus senilis: I presume you are referring to a whitish grey ring in the cornea that appears all the way around the colored part of the eye. Most commonly this is not due to cholesterol. It is a normal finding in people as the age, called arcus senilis. It can be a sign of elevated cholesterol in people younger than 45. It is more visible/noticeable in individuals with dark coloring of the eye.

Surgery: Cholesterol rings of the eyelids are removed with a surgical procedure tightening the eyelid skin, it removes wrinkles as well.