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Help - I have had my registration withdrawn

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Haymo

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Hi all,

I am new to the forum and to domaining. I recently registered a domain name with my registrar, paid and received confirmation. I then found it might be quite valuable and posted it to sell on Sedo. Three days later my registrar (or they may be a reseller) credited me my money for the registration and took it back from me. They say that they do not have authorisation to sell premium domains (note that this domain had not be registered before and they allowed me to register it). Sedo gave a suggested price of £9999 (plus they did manual checks to verify my ownership - which they confirmed) and I paid £19.99 to register so a bit upset that I have lost it!. Can they do this? Please help.
 
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