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Lamichhane was available for the T20 World Cup squad after he was found innocent.
A jubilant Lamichhane appeared at the court premises after the verdict. His supporters blew traditional musical pipes and beat drums to celebrate.
The star leg-spinner was on Wednesday sentenced to eight years in prison for raping an 18-year-old woman.
The leg-spinner was suspended as Nepal's captain and taken into custody after police issued an arrest warrant for him over the assault in 2022.
He was suspended as Nepal captain last month and left the Caribbean Premier League after being accused of raping a teenager. He has denied any wrongdoing.