Labuschagne has been dropped from Australia's Test squad following a prolonged lean run.
The controversy resurfaced following revelations in Usman Khawaja's autobiography, Sabr.
The prospect of having a fully fit Hardik Pandya is an exciting one for PBKS.
All 10 franchises have until November 17 to submit their retained and released player lists for IPL 2027.
The third ODI of the series was called off due to rain.
Arshdeep Singh had made his IPL debut for Punjab Kings.