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On Wednesday, Dhoni was seen in attendance at the US Open men’s singles quarterfinal between Carlos Alcaraz and Alexander Zverev.
Rayudu could become the second Indian after Pravin Tambe to play in the CPL.
Gaikwad, who played a key role in Chennai Super Kings' recent IPL triumph, had pulled out of the World Test Championship final against Australia to get married.
Dhoni has been discharged from the hospital after a keyhole surgery was performed for 'arthroscopic repair'.
Dhoni had played the entire IPL season with a heavily strapped left knee.
Dhoni, who had closed his eyes at the time of the final ball, lifted Jadeja to lead the celebrations as CSK scripted a famous win.
M S Dhoni-led CSK joined Mumbai Indians as the team with most number of IPL trophies.
'The amount of love I have received all over, the easy thing would be to walk away from here, but the harder thing would be to work hard for nine months and try to play another IPL,' Dhoni said after the final.
Chasing a revised target of 171 in 15 overs, CSK were home and dry off the last ball with Ravindra Jadeja hitting a four.
CSK's bowling coach Dwayne Bravo has earlier expressed his belief that the recently introduced 'Impact Player' rule in the IPL could contribute to the extension of M S Dhoni's tenure with the Yellow Army.