Few hours after hours putting in his papers, fickle-minded Housing.com CEO Rahul Yadav takes back his resignation.

According to a Times of India report, Yadav has withdrawn his resignation and has apologized for making scathing comments about the board members in his resignation letter.

We had mentioned earlier that the Board was expected to meet today to take a call on Yadav's resignation. Now, according to the report, the company has issued a statement saying that the Housing board met, and has been reconstituted to include all main shareholder representatives. 

However, operating powers to make key financial decisions have been taken away from Yadav, reports the Times of India, citing sources. 

Here's the statement from Housing.com: 

"In the relatively short period of its existence, Housing has revolutionized the real estate market in India and it continues to lead and disrupt with world class product innovations. 

Today the Housing board met, and has been reconstituted to include all main shareholder representatives. After some good conversations the board has reaffirmed its faith in Rahul Yadav's vision at Housing. 

Rahul commented that "After some frank and healthy discussions with the Board I have agreed to withdraw my resignation and I apologize for my unacceptable comments about the board members. I look forward to staying on at Housing as CEO and building an even greater company, while working in full harmony with the board."