Malik, a famous television actress, told Geo News that matters between her and Asif have been resolved as both have decided to end the muddle amicably.
"Matters between Mohammed Asif and me have been decided and we have reached an agreement. We had two-day long talks to reach a deal, " Malik said.
She, however, refused to divulge details about the 'agreement' between the two.
Malik said a mutual friend, Zahid Yusuf, mediated between them following which they decided to call-off the tussle.
However, there has been no confirmation of a settlement from Asif's side.
Earlier, Malik had asked the concerned authorities to register a case against Asif for giving her 'fake' cheques.
In her plea, Malik claimed that she had given 10 million rupees to Asif, and the cheque that the fast bowler had given her to return the money had bounced.
Malik claimed that she had supported Asif both 'emotionally' and 'financially' during his bad days, and now she 'at least' wants her money back.
Asif was romantically linked to Malik, and there were rumours last year that both got secretly married in London, which has been denied by both of them.
However, Asif got married to a girl from Lahore, Hina, recently.