The inflows into the Godavari river at Bhadrachalam declined by Thursday evening, and the third warning was withdrawn after the water level fell below 53 feet.
However, the second flood warning is in force both at Bhadrachalam and Dowleswaram.
Meanwhile, there is no respite for the scores of tribal habitations that have been under a sheet of floodwaters for over a week in Alluri Sitarama Raju (ASR) and Eluru districts.