What happened with a employee is a personal matter. Therefore, employer has no role to play. Nobody is guilty unless proved is essence of Indian jurisprudence. Suspension or termination can take place only if the misconduct of the employee is proved at the workplace. Therefore, wait and watch for the court verdict. If employee is found guilty, then anyway he will be given punishment and will not be able to attend the duties.
By the way, third of our elected representatives in the state assemblies or even parliament have serious criminal charges against them. These very representatives enjoy their salary and perks at the tax payers' expense. Though tainted, they also make laws for us. Then why private employee should be terminated just because of the FIR against him? When the employee gets bail, let him attend his duties. This very expectation of the society of moral grand standing from menfolks helps unscrupulous women to take undue advantage and they book their husbands under dreaded section 498K. Keep aside the assumptions of morality and let law have its own course.