Tools Needed for this fix : CCleaner
Download the Above mentioned programs and install them.
WinHound Removal Instructions
WinHound silently installs itself to infected vulnerable computers. It can also be dropped by some parasites.
WinHound installs several other dangerous threats, changes the Internet Explorer default home page and the desktop wallpaper once executed.
The new wallpaper warns the user that the system is infected with spyware and asks to download and install WinHound, which is a corrupt illegally distributed anti-spyware program.

Tools Needed for this fix : CCleaner
Download the Above mentioned programs and install them.
Uninstall WinHound Spyware Remover from ADD or REMOVE Programs.

Cancel the Disk Cleanup Tool.
Now Run Registry Crawler and Remove all WinHound entries from registry.
Delete the following
folder if they exist (Do not be concerned if they do not exist):
C:\Program Files\winhound\
O4 - HKLM\..\Run: [WinHound] C:\Program Files\WinHound\WinHound.exe
Finally RUN a SPYSWEEPER SCAN after updating the definitions. Remove the left over spyware infections if any.