Please refer to the attached sample project. Double click the middle splitter in the horizontal split container.
Workaround: manually collapse the desired split panel:
private void Form1_Load(object sender, EventArgs e)
{
    this.radSplitContainer3.PanelCollapsing += radSplitContainer3_PanelCollapsing;
    foreach (SplitterElement s in this.radSplitContainer3.Splitters)
    {
        s.DoubleClick += s_DoubleClick;
    }
}
private void s_DoubleClick(object sender, EventArgs e)
{
    SplitterElement s = sender as SplitterElement;
    ((SplitPanel)s.RightNode).Collapsed = true;
}