Kill ring not synchronizing with clipboard in Windows

I have been using Emacs 24 on Windows 7 for almost an year without any issues. But recently, kill-ring in my Emacs has stopped synchronizing (actually whatever I copy from within Emacs is available in system's clipboard but not other way around). I've successfully used Shift + insert to paste things off my clipboard all the time earlier but not any more :(. I've tried adding lines below to my Emacs init script.

  (setq x-select-enable-clipboard t)
  (setq x-select-enable-primary nil)
  ;; Treat clipboard input as UTF-8 string first; compound text next, etc.
  (setq x-select-request-type '(UTF8_STRING COMPOUND_TEXT TEXT STRING))

But it has not affect on the erroneous behaviour of synchronization between kill-ring and clipboard. Any help or suggestions or guidance to debug the issue would be appreciated.

Notes

1. I'm using arsclip as clipboard manager.


2. I'm running Windows 7 x64 and emacs-w64.


3. I use conemu, I noticed that my clipboard is no synchronizing both ways.