Joseph that depends on how much of the act was against Halacha, what kind of efforts the perpetrator had made in his life to improve his Middos, his Emunah, was the act against Talmidei Chochomim in general, or against other beloved groups of Klal Yisroel etc. etc.
but I would say to answer your question, as far as I know, no, it doesn’t necessarily remove all of the punishment.