Additional Sessions Judge Gulshan Kumar let off Pulkit Chaudhary, Amandeep Kadian, Sharad Shekhar Tomar, Roopenshu Pratap Singh and Vikas Punia who were charged with wrongfully confining, abducting, gangraping and cheating by personation and common intention under the Indian Penal Code.
The five have also been acquitted of the charges under various sections of the Protection of Children from Sexual Offences (POSCO) Act.
"The prosecution has miserably failed to prove the case against the accused persons beyond reasonable doubt that they abducted and confined the girl and committed rape upon her.
The police had last year arrested the five after a complaint was lodged at the Defence Colony Police Station here on September 15 by the girl's parents.
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The girl's parents had told the police their daughter, a Class XI student, had not returned home after attending school on September 15 last year.
The five law students were charged with gangraping the girl, who was allegedly held in captivity at the South Delhi residence of one of the co-accused.
The judge noted that the girl in her statement had said that "none of the persons, who committed rape upon her, is present in the court".
Initially, a case of kidnapping was registered by the police but when the girl was recovered on November 27 last year, she deposed that she had a quarrel with her parents, so she had accompanied her friend Amit to his flat.
She had also said that later on she was shifted to Pulkit's flat as Amit parents were to come.