Steps to reproduce:

1. rpm -ivh http://repo.zabbix.com/zabbix/3.2/rhel/7/x86_64/zabbix-release-3.2-1.el7.noarch.rpm
2. yum install zabbix-agent

Result:
**

Loaded plugins: fastestmirror, langpacks
Loading mirror speeds from cached hostfile

• base: mirror.keystealth.org
• extras: mirror.hmc.edu
• updates: repos.lax.quadranet.com
  Resolving Dependencies
  --> Running transaction check
  ---> Package zabbix-agent.x86_64 0:3.4.11-1.el7 will be installed
  --> Finished Dependency Resolution

Dependencies Resolved

====================================================================================================================================
Package Arch Version Repository Size
====================================================================================================================================
Installing:
zabbix-agent x86_64 3.4.11-1.el7 zabbix 365 k

Transaction Summary
====================================================================================================================================
Install 1 Package

Total download size: 365 k
Installed size: 1.4 M
Is this ok [y/d/N]: y
Downloading packages:
No Presto metadata available for zabbix
zabbix-agent-3.4.11-1.el7.x86_ FAILED
http://repo.zabbix.com/zabbix/3.2/rhel/7/x86_64/zabbix-agent-3.4.11-1.el7.x86_64.rpm: [Errno 14] HTTP Error 404 - Not Found-:-- ETA
Trying other mirror.
To address this issue please refer to the below wiki article

https://wiki.centos.org/yum-errors

If above article doesn't help to resolve this issue please use https://bugs.centos.org/.

Error downloading packages:
zabbix-agent-3.4.11-1.el7.x86_64: [Errno 256] No more mirrors to try.

Expected:
Installation of http://repo.zabbix.com/zabbix/3.2/rhel/7/x86_64/zabbix-agent-3.2.11-1.el7.x86_64.rpm version but not zabbix-agent-3.4.11-1.el7.x86_64