Iyer, who didn't get game time during the T20 series, was in the India playing 11 during the rain-affected first game, which was abandoned after 13 overs in Guyana.
The Punjab youngster was expecting a call from Indian selectors after a stellar show in the recently concluded A series where he has been adjudged 'Man of the Series'
The 19-year-old made his ODI debut with the senior squad during India's tour to New Zealand earlier this year
Nearly half of the World Cup squad has been picked up by IPL franchises, and not all went for the base price