Hi Hanu K
I have same version of Studio as you have shown above here so it makes it up to date I guess.
I haven't told you about that I have deleted My BO in solution as I did mention in my Post in Studio section of the SCN. http://scn.sap.com/thread/3483038 So I forget to mention here as well.
I think I have to raise an Incident to SAP in order to delete this solution.
Kind Regards
Asad