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DLPC3470: Having an issue with updating the firmware on DLP2010EVM-LC via the GUI

Part Number: DLPC3470

Tool/software:

Hello, 

Recently started working on the EVM mentioned in the title. 
Had got a driver installer that contained the Cypress USB adapter. 

I recently updated the firmware on the board using the latest firmware from TI website because with the old firmware, I wasn't able to make any changes to the output of the board. After the update I am not able to make any changes to the board via I2C serial communication and I am not able to revert back to the old firmware. 

Is there a possible fix? 
How do I fix this?