Edwards was released by the Colts on Friday, Mike Chappell of IndySportsCentral.com reports.
Edwards played in five games for the Colts this season after being claimed off waivers in mid-October, totaling four tackles and a sack in limited action. However, he's been inactive in each of the past two contests and appears to have fallen out of favor in Indianapolis. Fellow outside linebacker and second-year player Deiontrez Mount was signed in a corresponding move.