The BCCI had earlier suspended Praveen from domestic tournaments after he hurled abuses at an opponent player during a Corporate Trophy match during last month. The match referee had then reported that Praveen was "mentally unfit" to play.
Following the match referee's report that stated that Praveen had pleaded guilty for a Level 4 offence after abusing opposition batsman Ajitesh Argal while representing his employer ONGC , Praveen was suspended on February 10 and was issued a show-cause notice by the BCCI secretary, Sanjay Jagdale.
The BCCI disciplinary committee - comprising president N Srinivasan, vice-president Arun Jaitley and Niranjan Shah - then decided to revoke his suspension following a stern warning.
"A couple of members of the disciplinary committee had a teleconference with Praveen and have decided to put the matter to rest after issuing him one last warning," a board insider was quoted as saying by the ESPN Cricinfo.