Grandy played 17 of the Bengals' 71 snaps on offense and went without a target in Monday's 27-20 win over the Cowboys.
The Bengals signed Grandy to their active roster Friday.
Grandy reverted to the Bengals' practice squad Friday, per the NFL's transaction log.
The Bengals elevated Grandy from their practice squad for Thursday's game against the Ravens.
Grandy signed with the Bengals' practice squad Wednesday.
The Bengals waived Grandy on Tuesday, Paul Dehner Jr. of The Athletic reports.