Consequently, the Italian will miss his side's next match against Mumbai City FC at Chennai on Wednesday.
The suspension came on the aftermath of a fight on the ground after Chennaiyin's 0-0 draw against Kerala Blasters on 29 October at Chennai.
Materazzi got involved in a scuffle involving Chennaiyin's Manuele Blasi and Kerala's Kervens Belfort after the completion of the match.
Materazzi defended his actions post the match insisting his efforts were meant to pacify an agitated Belfort.
"Materazzi was found guilty of ‘misconduct against opponents or persons other than match officials' under AIFF Disciplinary Committee Article 49 C for his unsporting behaviour towards a team official of the opponent team after the Hero ISL 2016 Match 26 (29 October 2016 vs Kerala Blasters FC) at Jawaharlal Nehru Stadium, Chennai," read an ISL statement.
Chennaiyin Fc will take on Mumbai City FC at the Jawaharlal Nehru Stadium, Chennai on Wednesday.
Chennaiyin FC have won all four clashes against Mumbai City FC since the inception of the league in 2014.
Chennaiyin are currently fifth in the standings with nine points after six matches. Mumbai City FC are second on the table with 11 points from 7 matches and will need a win to move to the top.
With inputs from PTI
First Published On : Nov 2, 2016 15:55 IST