The AIFF Disciplinary Committee issued a 'stern warning' to the ATK Mohun Bagan player for his comments made after the Indian Super League match against Kerala Blasters FC last month.
The ATK Mohun Bagan star's comment after the game against his former team Kerala Blasters caused an uproar on social media which many users coming down heavily on the player, forcing him to issue an apology.
The 28-year-old centre-back had his contract with HNK Sibenik terminated mutually.
The Indian defender, who now plays in Croatia, made the announcement on social media.
The 28-year-old centre-back has become the first Indian international to sign for a Croatian top-division club.
The former Kerala Blasters captain was keen to ply his trade in Europe, but because of the pandemic he changed his plans and joined Bagan.
Blasters owner Nikhil Bharadwaj thanked Jhingan for his contribution over the past six years to the club.
The Blasters, undergoing restructuring due to financial constraints, have reportedly asked many of its players to take pay cuts. Jhingan, considered one of the best central defenders in the country, was the highest earner at the club.
The right-back sustained an ankle injury during a friendly against NorthEast United FC in Guwahati on Wednesday.
The 25-year-old central defender from Chandigarh joined Blasters at the start of the ISL in 2014 and has continued with the club ever since.