Domain Name expired..help

I very carelessly let my domain name expire (actually its not the main domain name, but rather an alias which also points to my site) and recently received an email from secure that domain:

Recently, XXX.com expired and we acquired it
in a domain name auction. Since you own the XXX-XXX.com
version of this domain name we wanted to provide you
with the opportunity to own the preferred XXX.com version.

Our company specializes in recovering preferred expiring
domains and either selling them to individuals such as
yourself or building out our own web presence on those
valuable domains.

XXX.comis a pretty darn good domain name and,
the truth is, the XXX.com is a far stronger version of the
name than then XXX-XXX.com is.

* XXX.com is much easier to remember


* XXX.com conveys Professionalism that XXX-XXX.com cannot match.

If you'd like to own XXX.com, you can buy it
now by covering our acquisition costs and a modest profit.

If you have any interest I encourage you to act quickly
because this domain name will only be offered for sale
for a limited time.


Is there anything I can do other than pay their ransom?

Thanks?
 
If they really acquired it by auction it went through all the due process. Registrars pass them on to auction sites. Sites like snapnames.com then sell them off. You could check the whois to see the dates/details it was registered but if they have it they can keep it. If they feel you really don't want it they might just drop it but they could simply resell it.
 
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