Dear Sir,
going throught the content of query, as rightly answered by member as to reference of the standing orders, as per that whoever involved in FIR cannot be assumed to be accused unless and until declared by the competent court, shall be a prime requisite.
waiting for that, the employee can suspend him issuing a show-cause notice and followed with disciplinary enquiry but underneath all these attemps while under suspension employer have to pay him the subsistence allowance and the decision is not finalised such employer is eligible for entire payment as to this no employer will exonerate the employee. mere payment of this allowance would be futile excercise for the management.
other way is that give him the notice for his absentism and take suitable steps so as to terminate him.
once convicted every employer can terminate his employer it is within the clause of the standing order.
trusitng this may suffice apart from all these.
Regards,
S.Sateesh