A matroid $N$ is a lift of a binary matroid $M$, if $N=Q\backslash X$ when $Q/X=M$ for some binary matroid $Q$ and $X \subseteq E(Q)$ and is called an elementary lift of $M$, if $|X|=1$. A splitting operation on a binary matroid can result in an elementary lift. An elementary lift of a cographic or a graphic matroid need not be cographic or graphic. We intend to characterize the cographic matroids whose elementary lift is a graphic matroid.