Honda / Unicorn — No Compression in Engine

Address:Pune, Maharashtra

Honda Unicorn 150cc engine turned off while riding and it was not starting again..Kick was free. Mechanic told me there is no compression and this may be due to damaged valve. He has suggested to replace the Valve and Guide. Also he has mentioned charges for lapping. My bike is just 2 years old and it ran only around 8000 Kms when this problem arised. Please suggest how to resolve this problem ?
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    Pune
    Maharashtra
    India
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