Honda and Hero may have split their JV but Hero MotoCorp (as the company is now called) will still be sourcing technology from Honda at least till 2014.  A few days ago we had brought spy pics of a heavily camouflaged test mule and Motoroids.com have identified what lies beneath that camouflage.  They believe that the bike in question is the Honda NXR 150 Bros. This bike is sold in Brazil.