Croma is selling the Kobo eReader for 3499. You can get extra 10% off using the GOSF coupon mentioned on the page. Seems like a pretty good deal to me. Have ordered one for myself.
I was also thinking they'd cancel it. But I thought I'd just order anyways. Worst case scenario, they'd refund me in a few days.
They were also selling this Belkin Sleeve for 200 Rs. - http://www.belkin.com/us/p/P-F8N730/. Had ordered that as well though haven't received it yet. Is Croma getting closed or something?