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Several years ago I had something similar happen. I had written a kick ass text link for a site that drew and converted like mad. They asked me how I was sending traffic because my ratio was really good. I talked to the affiliate program and showed them the link and they told me the thought it was really good and congratulated me on it. About two weeks later my text link shows up on their banners page. I contacted them and told them to take it down that they didn't have my permission to use it. They just didn't return my emails. I pulled all my links to them and then suddenly they wanted to know why I stopped using them. After telling them they apologized and pulled the link, they also gave me a raise. I tried them again for a few months then they stopped paying and eventually went out of business.
It really pissed me off.
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