2 things here.
1- dont you think it is possible that ebay keeps an eye on forums like these? and with a few of us bragging about 15+ accounts, what did you think was going to happen?
2- @ajab.ghajab- ebay India, from what i made of it, had a long term goal in mind of establishing online shopping as a preferred medium for people. And as broadband (!) permeation increases, it only made sense to go target the masses. However, what i did not think/ hope for was for them to have SUCH a short term outlook. they withdrew these to curtail their losses, and in my view compromising their long term benefits.
Ebay, globally, is a big name. They can afford to lose some money in the first few years, or the gestation period, as it is affectionately called by some (wonder why!). This move is thus quite surprising.