Rahane is India's highest run-getter in ICC WTC with 1095 runs in 17 matches.
Deccan Chargers' contract was terminated by the Indian cricket board in September 2012.
The three-match series, which will start on May 23, is a part of the ODI Super League.
Arafat also revealed the KKR co-owner Shahrukh Khan offered him a 3-year IPL contract in 2008.
Unadkat said his non-selection to India will not deter him from "pushing his limits".
Shaheen Afridi and Sarfaraz Ahmed engaged in a heated war of words.
Saeed Ajmal was trying to explain how bowling doosra in current time is possible with legal action.