With the Jaguars preparing for their season opener next Sunday against the host Minnesota Vikings, Jones-Drew reported to the team, saying he was ready to play.
"There was nothing to be gained," Jones-Drew said about his decision to return. "It was a dispute over money, at the end of the day. There was no, 'won or lost.'
"We're over it. It's solved for the time being and we're ready to roll."
A three-times Pro Bowler, Jones-Drew was the NFL's rushing champion last season with 1,606 yards.
The 27-year-old running back had wanted the team to renegotiate the final two years of his current five-year deal and make him one of the league's best-paid running backs.
The hold-out quickly escalated into a tense stand-off between Jones-Drew and owner Shad Khan, who warned the running back that: "The train is leaving the station. Run, get on it."
Both sides, however, appeared eager to end the dispute and call a truce.
"The Jaguars are a better football team today than we were yesterday, and now our entire franchise can move forward together and as one," Khan said. "Nothing more needs to be said."