Can an Olympic award be taken from a competitor for poor sportsmanship?

Question

This guy approached the judges aggressively, punched several items around the room and threw his medal on the floor. talk about poor *** attitude.

http://sports.yahoo.com/olympics/news?slug=reu-wrestling&prov=reuters&type=lgns

Answer 1

He said he quit and threw the medal. I don't think he doesn't gives a $hit about it. He wanted to win and there's nothing wrong with that but yes his attitude is poor.  

Answer 2

If this guy earns prize money along with an Olympic award, he deserves neither.  

Answer 3

How would you take away an Olympic medal that the athlete refused to accept?  That's like..

"I quit"

"NO YOU'RE FIRED!"

Yeah, that'll show him.