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How long have you worked there for and were you required to disclose this before joining them?
You can only realistically be disciplined if you had done something wrong in the first place. Having an acquittal in itself is not any type of wrongdoing - to the contrary you have been formally cleared by a court of law of any wrongdoing. So that alone will not be sufficient grounds to take disciplinary action.
In these circumstances the employer could only potentially do this if they can show that you did nothing else wrong, relating to this. For example, if you were specifically asked to disclose this on joining, but failed to do so. That would amount to misconduct for failing to make a relevant disclosure as per the terms of joining and you could be disciplined for it. But there must have been a formal obligation on you to make such a disclosure - if there was not such a requirement, then again you would not have done anything wrong.
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