Gaunce was recalled on an emergency basis by the Blue Jackets on Tuesday.
Gaunce was sent back to AHL Cleveland on Sunday.
Gaunce scored his first goal of the season in Friday's 6-5 overtime win over the Maple Leafs.
Gaunce was called up from AHL Cleveland on Monday.
Gaunce has been put on the waiver wire Friday, according to Elliotte Friedman of Sportsnet.
Gaunce was sent down to AHL Cleveland on Monday.
Gaunce has one assist, nine shots on goal, four hits, two blocked shots, two PIM and a minus-1 rating in five games since being promoted from AHL Cleveland at the beginning of November.
Gaunce was called up by Columbus on Tuesday.
Gaunce was waived by Columbus on Tuesday with the purpose of sending him down to AHL Cleveland.
Gaunce signed a two-year, two-way contract extension with the Blue Jackets on Saturday.