I can't check it out 'coz I'm unable to play the stream due to the country restrictions.

WM Recorder and Replay A/V don't work? It must be an RTMP stream then.

Have you checked the cache folder of your browser? Have you tried to get the stream URLs with other software (like freeware URL Snooper)?

In many cases Proxomitron can find RTMP stream URL (See How to get the URL of a media stream). Although only RTMP MP3 streams from MySpace can be recorded ATM.