Confirming the same our source says, "The channel has decided to pull the show off-air which is now official. The show is expected to air its last episode sometime in February which is yet to be decided upon."
When contacted Shaleen Malhotra aka Arjun, he confirmed the news saying, "I have been really close to this show and the people associated with it. I am lucky to be working in such a show, with the channel and the production house. It's like a family here on the sets so parting ways is not going to be easy but then this is life and you have to walk the hard path to reach to a smoother one."
We wish the team of Arjun all the best for their future endeavors!