| Which part of the booting process does it fail? Can you get into the BIOS?
What you described seems unusual. I've done it dozens of times, never had a problem.
It could be a matter of static discharge, during the removal. You won't feel it, but the cpu and/or motherboard will.
You can try the cpu in another working compatible system, to check that the cpu is still good.
If its good, then most likely static discharge damaged the motherboard. Other components may be damaged also, so you need to individually check them.
Don't worry about hard drives and cdroms, they rarely if ever get damaged due to static. | 
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