The 23-year-old Tripura-born gymnast became an overnight sensation after she finished fourth in the women's vault final on August 14, missing the the bronze by a mere 0.150 points.
Officials of the Sports Ministry and Sports Authority of India, however, did not confirm whether Dipa has already been recommended for the highest sports honour or not.
And to add to the confusion Dipa's coach Biseshwar Nandi says he has also no clue in this regard.
It is also not clear who has recommended her name for the Khel Ratna Award.
State governments, the Indian Olympic Association, the concerned National Sports Federation, previous Khel Ratna Awardees and Director General of Sports Authority of India can recommend names for Khel Ratna.
The Sports Minstry too has the discretionary power to do so.
SAI's Director General Injeti Srinivas could not be reached as he is on his way returning from Rio where he had gone to watch Indians' performance.
The deadline for submission of applications was April 29 but the Sports Ministry can recommend any sportsperson for the prestigious award even after the end of the deadline for submission of the names of candidates.
Belonging to a humble family background in Agartala, Dipa made her way through the top level of her sport with little support and non-existent training facilities which made her Olympics heroics all the more commenadable.
Meanwhile, it is learnt that Dipa's coach Biseshwar Nandi has been recommended for the Dronacharya Award and he is likely to get the nod after his ward's sensational performance in Rio.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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