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WIN FOR CYCLE OF VIOLENCE

There was bad news today for the notorious Upper East Side spin-class grunter – a Manhattan jury decided that he lies like a gym mat.

After a day and a half of deliberations, jurors voted not guilty in the flaky fitness fracas that pit two Wall Streeters on exercise bikes against each other last August in a violent battle of wheels.

The jurors cleared of all charges the berserk stock broker who admittedly leapt off his cycle to silence the shouting, grunting, whooping hedge-fund partner two bikes down.

Christopher Carter, 44, had admittedly hoisted hedge-funder Stuart Sugarman, 48, off his front wheel, then dropped both Sugarman and the bike to the ground.

Sugarman demanded to be taken out of the gym on a stretcher and was quickly diagnosed with a genuine, verifiable acute herniation in a disc in his neck.

But jurors today said Sugarman’s penchant for exaggeration and outright lies on the witness stand last week did the case in.

Sugarman could have gotten the herniation any time in the previous month, according to his own spine surgeon

While Carter “probably” caused the injuries, it couldn’t be proven beyond a reasonable doubt, jurors said.

“He was just outrageous,” Manhattan Criminal Court juror Marybeth Roman said of Sugarman, the noisiest “spinner” that four class participants testified they had ever heard.

“He just wasn’t credible. He just wasn’t believable,” Roman, 20, told reporters. “He was a huge liar.”

Sugarman had fibbed to them throughout his testimony, jurors complained – about how “normal” his whooping and hollering was, about how high his bike was hiked into the air and about how immediately “excruciating” his pain felt, among other things.

“I’m just very grateful,” an apologetic Carter said afterward. “I said from the very beginning I did not cause this man’s injury and he is not telling the truth.”

Added his lawyer, Michael Farkas, “You cannot walk into a court and lie and perjure yourself and expect to prevail. The system worked.”

Sugarman, a senior partner at an investment bank that handles securities and hedge funds, had claimed on the stand that “people enjoy it” when he grunts loudly and shouts, “You go, girl!” and “Good song!” and “Great burn!” during workouts.

He bizarrely claimed that he kept peddling after the attack at the East 85th Street Equinox – finishing the remaining 20 minutes or so – because he was in so much pain that he could hardly get off his bike.

But the class’s two spin instructors said Sugarman was the loudest spinner they’ve ever had – and on the day of the incident, he was the loudest they’ve ever heard him.

“As we sit here today, sir, is it your recollection that your behavior in that class was perfectly normal?” the defense lawyer had asked him on the stand.

“Oh, yes!” Sugarman had answered.

Through his lawyer, Sugarman declined to speak, but plans to file a multimillion-dollar civil suit as early as today.

“No matter how you look at it, a healthy, 48-year-old man went in to a health club and left in an ambulance to go to a hospital, where he had major surgery, and he’s left with plates and screws and cadaver bones in his neck,” said the lawyer, Samuel Davis.

“It is still an incredible coincidence that this massive disc herniation was something he was just walking around with before this class started,” he added. “Look, the guy got hurt.”

Fortunately, there’ll be no more spin classes for either man. Sugarman had told jurors he’s too injured to work out. Carter today said he’s given up spinning for good.

“I want to grow old gracefully,” he joked.

laura.italiano@nypost.com