Ok Here are the steps i did to boot it from the TFTP as that was my only option.
rommon 1 >boot
boot: can not load "bootflash:"
rommon 2 >dev
Devices in device table:
Device id Name Size
--------- ----- ------
mem: Main Memory ( SDRAM ) 1073741824
nvram: Non Volatile RAM 524288
bootflash: Internal Flash Memory 130547712 (filesystem capable)
slot0: Compact Flash Memory 130547712 (filesystem capable)
usb0: USB Flash Memory 130547712 (filesystem capable)
rommon 3 >
Established physical link 1Gb Full Duplex
Network layer connectivity may take a few seconds
dir bootflash:
File Size (Bytes) File Name
---------------------------------------
(*) cat4500e-entservicesk9-mz.122-53.SG2.bin
Total space = 131436544 bytes, Available = -4345856 bytes
rommon 4 >boot bootflash:cat4500e-entservicesk9-mz.122-53.SG2.bin
boot: can not load "bootflash:cat4500e-entservicesk9-mz.122-53.SG2.bin"
rommon 5 >set int
Established physical link 1Gb Full Duplex
Network layer connectivity may take a few seconds
rommon 6 >set interface fa1 10.139.2.1 255.255.255.0
rommon 7 >set ip route default 10.139.2.1
rommon 11 >boot tftp://10.139.2.228/bootflashcat4500e-entservicesk9-mz.122-53.SG2.bin
Tftp Session details are ....
Filename : /bootflashcat4500e-entservicesk9-mz.122-53.SG2.bin
IP Address : 10.139.2.1
Loading from TftpServer: 10.139.2.228
Received data packet # 50091
Loaded 25646261 bytes successfully.
Rommon reg: 0x00004780
Reset2Reg: 0x00000FFF
#
Darkside controller 0x0B43568B..0x0B443A3D original size:0x00012092#
Tatooine controller 0x0B443A3E..0x0B4ACA2A original size:0x00094F89##
Forerunner controller 0x0B4ACA2B..0x0B56E5FB original size:0x001CE7CF
#################
diagsk5 version 4.1.0
prod: WS-X45-SUP6-E part: 73-10597-16 serial: JAE154301M5
Power-on-self-test for Module 1: WS-X45-SUP6-E
Test Status: (. = Pass, F = Fail, U = Untested)
CPU Subsystem Tests ...
seeprom: Pass
Traffic: L3 Looopback ...
Test Results: Pass
Traffic: L2 Loopback ...
Test Results: Pass
Switching Subsystem Memory ...
Packet Memory Test Results: Pass
Module 1 Passed
Rommon reg: 0x00000780
###############################################################
Restricted Rights Legend
Use, duplication, or disclosure by the Government is
subject to restrictions as set forth in subparagraph
(c) of the Commercial Computer Software - Restricted
Rights clause at FAR sec. 52.227-19 and subparagraph
(c) (1) (ii) of the Rights in Technical Data and Computer
Software clause at DFARS sec. 252.227-7013.
cisco Systems, Inc.
170 West Tasman Drive
San Jose, California 95134-1706
Cisco IOS Software, Catalyst 4500 L3 Switch Software (cat4500e-ENTSERVICESK9-M), Version 12.2(53)SG2, RELEASE SOFTWARE (fc1)
Technical Support: http://www.cisco.com/techsupport
Copyright (c) 1986-2010 by Cisco Systems, Inc.
Compiled Tue 16-Mar-10 04:50 by prod_rel_team
Image text-base: 0x10000000, data-base: 0x12794974
This product contains cryptographic features and is subject to United
States and local country laws governing import, export, transfer and
use. Delivery of Cisco cryptographic products does not imply
third-party authority to import, export, distribute or use encryption.
Importers, exporters, distributors and users are responsible for
compliance with U.S. and local country laws. By using this product you
agree to comply with applicable laws and regulations. If you are unable
to comply with U.S. and local laws, return this product immediately.
A summary of U.S. laws governing Cisco cryptographic products may be found at:
http://www.cisco.com/wwl/export/crypto/tool/stqrg.html
If you require further assistance please contact us by sending email to
export@cisco.com.
cisco WS-C4506-E (MPC8548) processor (revision 6) with 1048576K bytes of memory.
Processor board ID SPE153800C6
MPC8548 CPU at 1.33GHz, Supervisor 6-E
Last reset from PowerUp
1 Virtual Ethernet interface
52 Gigabit Ethernet interfaces
2 Ten Gigabit Ethernet interfaces
511K bytes of non-volatile configuration memory.
interface GigabitEthernet3/1
^
% Invalid input detected at '^' marker.
description To-Access-SW
^
% Invalid input detected at '^' marker.
switchport mode trunk
^
% Invalid input detected at '^' marker.
switchport nonegotiate
^
% Invalid input detected at '^' marker.
interface GigabitEthernet3/2
^
% Invalid input detected at '^' marker.
description To-Access-SW
^
% Invalid input detected at '^' marker.
switchport mode trunk
^
% Invalid input detected at '^' marker.
switchport nonegotiate
^
% Invalid input detected at '^' marker.
interface GigabitEthernet3/3
^
% Invalid input detected at '^' marker.
description To-Access-SW
^
% Invalid input detected at '^' marker.
switchport mode trunk
^
% Invalid input detected at '^' marker.
switchport nonegotiate
^
% Invalid input detected at '^' marker.
interface GigabitEthernet3/4
^
% Invalid input detected at '^' marker.
description To-Access-SW
^
% Invalid input detected at '^' marker.
switchport mode trunk
^
% Invalid input detected at '^' marker.
switchport nonegotiate
^
% Invalid input detected at '^' marker.
interface GigabitEthernet3/5
^
% Invalid input detected at '^' marker.
description To-Access-SW
^
% Invalid input detected at '^' marker.
switchport mode trunk
^
% Invalid input detected at '^' marker.
switchport nonegotiate
^
% Invalid input detected at '^' marker.
interface GigabitEthernet3/6
^
% Invalid input detected at '^' marker.
Press RETURN to get started!
*
*Nov 27 10:58:45.152: %PCMCIAFS-5-DFS_CLOSE_ERR: Error during close of the file NVRAM.154. Failed to update the FAT sectors.
*Nov 27 10:58:45.152: %PCMCIAFS-5-DFS_CLOSE_ERR: Error during close of the file NVRAM.154. Failed to update the directory entries.
*Nov 27 10:58:45.156: %PCMCIAFS-5-DFS_CLOSE_ERR: Error during close of the file NVRAM.155. Failed to update the FAT sectors.
*Nov 27 10:58:45.156: %PCMCIAFS-5-DFS_CLOSE_ERR: Error during close of the file NVRAM.155. Failed to update the directory entries.
Dist-1 con0 is now available
User Access Verification
Username:
For a successful ROMMON upgrade, the config-register must be set to enable reading the boot system commands (i.e. the last digit of the configuration register is set to 2; for example, 0x0102.) 
