If you clicked on the link, you could see the following information. This site is definitely hacked. There are links on the web pages that point to some unpleasant things.
Google does not remove the list of SERPs. It's almost as if Google punished you for not checking your website. They will show you their list where they are and they will let the world know that they have been hacked.
I definitely would not visit that site, I'm sure it was hacked. I've scanned it and found the links to fake spyware that will "warn" your computer is infected and offer a free download to clean your system.
The program that silently downloads adds your PC to your botnet.
Read the Google evaluation here:
What is the current status of schrag.info/?
The site is classified as suspicious: visiting this website can damage your computer.
Part of this site was listed for suspicious activities once in the last 90 days.
What happened when Google visited this site?
Of the 243 pages we tested on the site during the last 90 days, 90 pages resulted in the download and installation of malicious software without the user's consent. The last time Google visited this site was September 15, 2008, and the last time suspicious content was found on this site was September 15, 2008.
Malicious software includes 507 scripting exploits (s), 55 trojan (s). A successful infection resulted in an average of 3 new processes on the target machine.
Malicious software is hosted on 10 domain (s), including fastmcscan.com, anti-virus-xp.net, advancedxpfixer.com
4 domains seem to work as intermediaries to distribute malware to visitors to this site, including huy1.com, malwarecrush.com, winifixer.net.
Has this site acted as an intermediary resulting in a greater distribution of malware?
For the past 90 days, schrag.info/ did not seem to function as an intermediary for the infection of the sites.
This site has hosted malicious software?
No, this site has not hosted malicious software in the last 90 days.
Ck in the link you see this information: