Mix the first 9 ingredients together.

Gently shape into 1-inch balls.

Pour oil into large skillet and heat until hot, add meatballs and brown. Remove meatballs from skillet.

Heat chili sauce and jelly in the skillet until jelly is melted

stirring constantly. Add meatballs and stir until coated.

Simmer 20-30 minutes. Pour mixture into a chafing dish and serve hot.