From the 2012 Olympics "Using The Brand FAQ" [2]
>4. Who is allowed to use the Games' Marks? Official commercial partners, sponsors, suppliers and licensees are allowed to use the Games' Marks in accordance with the terms of their agreements with LOCOG or the IOC. See our current partners. > >We have also granted a number of non-commercial partners helping to deliver the Games the right to use our brand. This includes central government departments, the Greater London Authority and boroughs hosting various events for the Games.
So it's more likely than anything they were taken down just for using the Olympic name and modified logo
[1] http://www.businessweek.com/ap/2012-05/D9UTL52G0.htm [2] http://www.london2012.com/about-us/our-brand/using-the-brand...