Windows 8 Pro 64 bit RTM install error

I am trying to install windows 8 pro RTM 64 bit edition on my machine. However, I get this error once it is past "getting devices ready 75%" and then this error. I am installing it via USB flash drive, getting same error even with multiple USB flash drives.

Error image:

I can confirm that the ISO is not corrupt. I can run the setup perfectly fine in VirtualBox. I even used same ISO for installation on my laptop and it worked great. Finally i have reverted back to windows 7. :(

System config: http://pastebin.com/jGkS5fyb (using pastebin as this is the detailed system config)

 [Current Computer]
  Computer Name:
 [Operating System]
  Operating System:                       Microsoft Windows 7 Ultimate (x64) Build 7600
Central Processor(s) ------------------------------------------------------
 [CPU Unit Count]
  Number Of Processor Packages (Physical): 1
  Number Of Processors Cores:             4
  Number Of Logical Processors:           4
Intel Core i5-2400 --------------------------------------------------------
 [General Information]
  Processor Name:                         Intel Core i5-2400
  Original Processor Frequency:           3100.0 MHz
  Original Processor Frequency [MHz]:     3100
  CPU ID:                                 000206A7
  CPU Brand Name:                         Intel(R) Core(TM) i5-2400 CPU @ 3.10GHz