All - I have Sapphire 1.0 and i removed chrome 2 phone using terminal emulator and restarted the phone. Then I installed version 2 from the market and it installed successfully.
Now when I rebooted my phone, chrome 2 phone is gone!. I had to reinstall it again and I rebooted again to see if it would be removed, and it was.
Anyone might know what could be causing this?
I also removed the default browser app during this time also using scriptybox.