Additional Sessions Judge Dharmesh Sharma also granted bail to former Ranji player Baburao Yadav and bookie Deepak Kumar.
Chandila was booked under the provisions of the Maharashtra Control of Organised Crime Act (MCOCA).
On May 16, Delhi Police arrested three Rajasthan Royals players - S. Sreesanth, Chandila and Ankeet Chavan - on spot-fixing charges on the basis of phone conversations and footage of IPL matches in which they were caught giving predetermined signals to bookies.
Delhi Police had invoked provisions of MCOCA against 28 accused in the case, including the three cricketers, alleging that they were acting under the command of underworld dons Dawood Ibrahim and Chhota Shakeel.
The other 21 accused, including Sreesanth and Ankeet Chavan, have already been granted bail by the court.