In this paper we propose a novel method for inverse halftoning of images. The method is basically a Look Up Table (LUT) based method. The LUT for inverse halftoning is obtained from the histogram gathered from a few sample halftone images and corresponding original images. The method is extremely fast (no filtering is required) and also the image quality achieved is comparable to the best methods known for inverse halftoning. The method does not depend on the specific properties of halftoning method, and can be applied to any halftoning method.