Words and action doesn't add up. Humans make mistakes. It takes a lot of courage to say "sorry". In this case, if he had apologized, then the matter would have been closed. But he became over-smart. At first he put a status claiming that it was a genuine mistake and he is sorry for that. Then probably his lawyer or legal adviser asked him to claim that his account was hacked. And within 5 minutes or so, he retracted his apology, and claimed that he did nothing wrong. I don't know whether anyone is stupid enough to say whatever lies coming out of his mouth. I don't expect any action from GT. The BCCI should suspend him for a couple of years from the IPL and domestic cricket.
After reading people's criticism first he talks about account being hacked then he apologizes to everyone but again he thinks his actions are right I don't understand why he thought he gave such a status.
With the suspension from IPL, I hope BCCI will take some more steps against him.
Now in today's world word from anyone's mouth directly should be given importance and actions should be taken on them because that's the actual and real thing that happens.
Instagram status If uploaded by him also have no significance importance as he can deny it easily which is the actual case .