The middleweight (75kg) boxer, who was the top seed in the Asian meet in Tashkent, had given a walkover to Korean Lee Dongyun in the semifinal during the April 30 to May 7 event.
The 25-year-old, a former World Championships bronze- medallist, is currently in Hamburg, Germany with the eight- member Indian team which will compete in the upcoming edition of the mega-event, starting August 25.
"He has been given a warning for what happened and the matter is now closed. The disciplinary panel spoke to him and we came to the conclusion that a warning would suffice," a top Boxing Federation of India (BFI) told PTI on condition of anonymity.
Subsequently, the BFI denied him permission to compete in the WSB bout as well.
The BFI then constituted a three-member disciplinary committee to conduct an inquiry into the matter.
The committee, headed by veteran administrator Asit Banerjee and comprising Rajesh Bhandari and Nirwan Mukherjee, met Vikas and the coaches who had travelled with the Indian team in Tashkent and some BFI officials before submitting its report in July.
The Haryana-boxer is among the most decorated boxers in India. A two-time Olympian, he became the first Indian to be adjudged the best boxer by the International Boxing Association (AIBA) at its annual gala last year.
He is also an Asian Games gold-medallist besides being a former world youth champion.
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