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Rahul clattered into Majcen in the added time of their ISL opener in Kochi on September 15.
The list does not feature players from Mohun Bagan Super Giant and Mumbai City FC as they will compete in the ISL final at Kolkata later tonight.
Blasters won the first two matches without key players like K P Rahul and Dimitrios Diamantakos.
In Hangzhou, China, the host city for the Games, the Indian squad will be under the charge of national senior team head coach, Igor Stimac.
The Kerala Blasters winger has been ruled out of the first phase of the ISL, which runs till January 9, 2022.
The final list of 28 players will be announced after the Indian Super League final on March 13.
Blessed with blistering pace and exceptional dribbling skills, Rahul has impressed one and all with his consistency, work ethic and temperament.
If his goal against Bengaluru FC was in a winning cause, the one he scored against FC Goa on Saturday helped his team draw the match and secure a vital point.
The winger will stay at the club for three more years.