A judgment issued by the Employment Tribunal Office in Glasgow said the player had put an end to the matter.
The document stated "the claim was withdrawn by the claimant", though no explanation was given as to why.
Balde, 34, signed for Celtic in 2001, and was speculated to be earning around £30,000 a week.
But in the latter part of his career, he only made a handful of appearances after a well-documented fallout with the club.
He now plays for French team Valenciennes FC.