Yes I have spoken to Paypal representatives, they created a trace 15 days ago. They say there is no update yet, we are following up with our partner bank in India.

  I understand that you're concerned about the withdrawal made on January 19, 2012. for Rs.117,300.37 INR. There's already a ticket made for this request and right noiw the recent update about this was that, our account specialist are coordinating with the partner bank and they are waiting fro reports from them about the trace.

  Date of the transaction: Jan 19, 2012
  Amount: Rs.117,300.37 INR
  Transaction ID: 5SF58792B0877314B
  Trace ID: 226874463
  
  We'll definitely send you an email as soon as we received the update from them.
  I am happy to have been of assistance to you today. PayPal strives for improvement and your support is appreciated.

  Sincerely,
  Toni
  PayPal, an eBay Company

The representatives seem to be not in a position to resolve it. they only initiate traces. There is no mentioned route to reach out to anyone else on Paypal.