Ricketts came up through the ranks at Chippenham`s league rivals Bath City.
He joined Yate in January 2014 looking to play regular senior football, and went on to make forty appearances and net 5 goals before moving to Cirencester Town towards the end of the 2014/15 season.
He switched to Paulton Rovers a year later.
Ricketts will be added to the squad for today's Emirates FA Cup game at Weymouth.
Chippenham boss Mark Collier said: "With Injuries, forthcoming suspensions and non-availability, it was important to add to the squad. Jordan was injured whilst on trial at Weston-super-Mare and has now returned to fitness. And with Josh Morgan-Williams departing for Paulton Rovers it was vital we kept up our squad depth."
Morgan-Williams has been allowed to join Paulton Rovers having found game time limited this season.