The pensioner from Dundee is facing four charges, including one of attempting to pervert the course of justice.
Ian McFarlane made no plea when he appeared in private at Dundee Sheriff Court yesterday.
The 74-year-old is facing four charges in relation to the death of cyclist Scott Walker on the A917 between Elie and St Monans on the 8th of July.
Mr Walker, a 43-year-old father, died in hospital the following day.
The pensioner of Muirton Road in Dundee is accused of driving a car which collided with Mr Walker, and leaving the scene of the accident.
He is also alleged to have attempted to pervert the course of justice by taking steps to conceal damage caused to his car as a result of the collision and trying to dispose of damaged car parts to hide his involvement in the incident.
McFarlane is also accused of driving while disqualified, without insurance and failing to report his part in the collision, even after he became aware it had led to Mr Walker's death.
He was remanded in custodyis expected to appear at Dundee Sheriff Court again later today.
Following McFarlane's arrest on Wednesday Detective Chief Inspector John Anderson from Fife CID said: "I would once again like to extend my deepest sympathies to the family of Scott Walker and to thank all of those who came forward to provide us with information.
"While an arrest has been made, we remain keen to hear from any members of the public who still believe they can assist with this investigation.
"In particular, we'd like to speak with the occupants of a dark Audi car, possibly a Q3 or Q5, with roof bars, which was travelling towards Elie from St Monans around the time of the collision.
"We believe these individuals may have witnessed what happened, but I'd like to stress they were in no way involved in this incident.
"If you believe you have any relevant information, but have yet to contact us, please do so immediately."