In this scenario, the immediate management of the patient is to administer Digoxin immune fab. This is a specific antidote for digoxin toxicity, especially in cases with life-threatening symptoms like bradycardia and third-degree heart block. The use of Digoxin immune fab can rapidly reverse the toxic effects of digoxin and improve the patient's condition. Lignocaine, Phenytoin, and DC cardioversion may be considered for arrhythmias, but the primary treatment in digoxin toxicity is Digoxin immune fab.