ჩაკრულო isn't in any of the Georgian dictionaries I could find. "Put-out sword" just isn't English. It conjures up the image of a sword that was on fire but now someone has put out the fire, or of a sword that's been put out on the stoop like an empty milk bottle, for the blacksmith's boy to pick up on his morning rounds. I could imagine it could be "quenched sword" if the blacksmith has just plunged it into cold oil to harden it after forging it, or "drawn sword" if someone has just drawn it out of its scabbard, or "extended sword" if someone has just put it in position pointing straight out from the body towards its intended target.