![Image](http://d3j5vwomefv46c.cloudfront.net/photos/large/822649524.gif?1384835839)
It's clearly defensive holding, however defensive holding can't be called when the
ball is in the air, isn't that right?
In that case, the ref has to call PI.
But in this case, PI can't be called because the ball was clearly not catchable.
Conclusion: The no-call call was correct
If the flag had not been thrown, the uproar would probably not be as strong.