Rules scheduler doesn't unflag a node when triggered through cron

I am the co-maintainer for flags and I have got a user whose facing issues unflagging a node with Rules scheduler when triggering it with cron (Issue #2094541). The node gets unflagged just fine if we execute the component manually. I have tested out the problem and it is doing the same thing on my end as well.

I have done some preliminary testing and found out that flag_rules_action_info() is just not being called at all when executing this through cron. I have checked permissions and every thing looks good there. Would appreciate it if you guys could give me some input as to what might be the problem. I have included the rules debug info below and an export of the rule and the component. Thanks.

Debug Info:

0 ms Scheduled evaluation of action set my component, task Unbookmark 10..
90.748 ms Evaluating the action component_rules_my_component. [edit]
0 ms Evaluating action set my component.
0.473 ms Evaluating the action component_rules_my_component. [edit]
0.528 ms Not evaluating action set my component to prevent recursion. [edit]
1.07 ms Evaluating the action flag_unflagnode. [edit]
5.439 ms Evaluating the action add_badge_by_name. [edit]
7.16 ms Finished evaluation of action set my component.
98.707 ms Evaluating the action flag_unflagnode. [edit]
98.982 ms Evaluating the action add_badge_by_name. [edit]
116.401 ms Finished evaluation of action set my component, task Unbookmark 10..

Component Export:

{ "rules_my_component" : {
"LABEL" : "my component",
"PLUGIN" : "action set",
"REQUIRES" : [ "rules", "flag", "user_badges" ],
"ACCESS_EXPOSED" : "1",
"USES VARIABLES" : { "node" : { "label" : "node", "type" : "node" } },
"ACTION SET" : [
{ "component_rules_my_component" : [ ] },
{ "flag_unflagnode" : {
"flag" : "bookmarks",
"node" : "10",
"flagging_user" : [ "site:current-user" ],
"permission_check" : 1
}
},
{ "add_badge_by_name" : { "badge" : "4", "user" : [ "node:author" ] } }
]
}
}

Rules Export:

{ "rules_test_scheduler" : {
"LABEL" : "test scheduler",
"PLUGIN" : "reaction rule",
"REQUIRES" : [ "rules", "rules_scheduler", "flag" ],
"ON" : [ "flag_flagged_bookmarks" ],
"IF" : [
{ "entity_is_of_type" : { "entity" : [ "flagged-node" ], "type" : "node" } },
{ "node_is_of_type" : {
"node" : [ "flagged-node" ],
"type" : { "value" : { "blog" : "blog" } }
}
}
],
"DO" : [
{ "drupal_message" : { "message" : "this works" } },
{ "schedule" : {
"component" : "rules_my_component",
"date" : "+2 minutes",
"identifier" : "Unbookmark [flagged-node:nid].",
"param_node" : [ "flagged-node" ]
}
}
]
}
}