Chibwe joined Baroka last year in July after parting ways with Polokwane City.
Now the 28-year-old keeper is on the road yet again after terminating his contract with Bakgakga a few weeks ago.
According to sources close to Baroka, Chibwe was handed his clearance certificate before the close of the transfer recent transfer window in January.
=9. Bongokuhle Hlongwane (21) – Maritzburg United – R3.6m
=9. Sphesihle Maduna (21) – AmaZulu – R3.6m
8. Macbeth Mahlangu (20) – TS Galaxy – R4.1m
7. Keenan Phillips (21) – SuperSport United – R4.5m
=5. Thabiso Monyane (21) – Orlando Pirates – R5m
=5. Luke Fleurs (21) – SuperSport United – R5m
4. Evidence Makgopa (21) – Baroka FC – R6.4m
3. Nkosingiphile Ngcobo (21) – Kaizer Chiefs – R6.8m
2. Njabulo Blom (21) – Kaizer Chiefs – R8.7m
1. Goodman Mosele (21) – Orlando Pirates – R10.9m
Scroll through the gallery to see the 10 most valuable U21s in the DStv Premiership this season
"Chibwe has left Boroka," a source revealed to KickOff.
"It proved difficult for him to get the regular number 1 jersey. It also cost him the place in the Zambian national team.
"But I believe they are still engaged in negotiations regarding a settlement fee.
"He was left with two years on his contract after he signed a three-year deal with the club last year."