The statement said Sidibe's claim about an alleged kidnapping was "totally unfounded and irresponsible."
"The government deplores these unfortunate events and presents its most sincere condolences to the family of the victim and to others who suffered physical abuse and property damage," it said.
In a separate radio appearance Monday morning, Camara said an investigation had been opened to examine both how Balde died and why Sidibe had called listeners to the scene.
Sidibe told a radio program Monday morning that he believed an operation to detain him was underway.
Guinea's Supreme Court on Friday confirmed the ruling party of President Alpha Conde won a divisive legislative election, sparking protests on Saturday that were dispersed by riot police.
The Sept. 28 poll was the first time in more than a decade that Guineans voted in a legislative election. Disputes over the election's organization led to deadly demonstrations beforehand, though the vote itself did not spark widespread violence as feared.