nographic option does not work with QEMU on Windows

This seems a  Windows specific QEMU problem. -nographic works fine on Linux but on Windows it does not seem to work on Windows. After wasting several brain cells, I found one way to workaround this issue:

Run QEMU using following command:

• qemu-system-arm.exe  -nographic -M realview-eb   -m 256 –kernel demo.out –sd <sdcardimage> -serial telnet::4444,server,nowait

This will run telnet server and redirect serial to given telnet port. After this, telnet to localhost 4444 using this command:

• telnet localhost 4444