Bajrang Punia and Ravi Dahiya -- both Tokyo Games medallists -- were on Sunday eliminated from the race for the Paris Olympics qualification.
Ravi Dahiya crashed out in the first round of wrestling selection trials for the Asian Games.
The move has irked the government, which provides financial assistance to the wrestlers under Target Olympics Podium Scheme (TOPS) to support their preparation and training.
The Committee, led by legendary boxer MC Mary Kom, was formed on January 23 to investigate into the claims made by country's top wrestlers
The announcement also stated that the government will bear the entire expense of the wrestlers travelling to Croatia for the tournament
Top Indian wrestlers called off their protest following second round of meeting with union sports minister Anurag Thakur that ended after midnight on Saturday
Ravi Dahiya lost by technical superiority (10-0) to Uzbekistan's Gulomjon Abdullaev in a one-sided bout.
The Indian team was picked after selection trials at SAI Training Centres in Lucknow and Sonepat on Monday and Tuesday.
Ravi Dahiya is all set for a 29-day training camp in Russia ahead of the World Championships in Serbia in a month's time.
PM Modi urged the people to support and promote sports and praised India's 'stellar' performance in the recently concluded Commonwealth Games 2022.