Is Volpe Still Around?

Joe Volpe, Liberal leadership candidate had to pay a $20,000 fine to the Liberal Party by October 29th 2006 or be disqualified. It is now November 1st 2006, and I have not heard anything. So one of the following must have happened:

1. He didn't pay and is now out of the race, but there have been no press releases.
2. He won the appeal, and it was not reported to the media or something.
3. The Liberals swept the affair under the rug.

If anybody knows what's happened, tell me. Inquiring minds want to know.

Update: It was #2.