Out of jail, having a part to play in the home (7)

I believe the answer is:
paroled
'out of jail' is the definition.
The answer and definition are different parts of speech. However, adjectives and past participle verbs can occasionally define each other.
'a part to play in the home' is the wordplay.
'a part to play' becomes 'role' (I've seen this before).
'in the' means one lot of letters goes inside another.
'home' becomes 'pad' (pad can mean someone's home).
'role' going into 'pad' is 'PAROLED'.
'having' acts as a link.
Can you help me to learn more?
(Another definition for paroled that I've seen is " let out".)
