Govinda sustained a bullet injury on his leg as his licensed revolver misfired, police said.
He later issued a statement, informing his fans that doctors have removed the bullet and he was alright due to his fans' affection and God's blessings.
He is out of danger and recuperating at home.
The 60-year-old actor was about to leave from his Juhu residence around 4.45 am on Tuesday, when the revolver misfired.
The actor hasn't lodged any complaint.
Govinda, 60, was taken for treatment to the nearby Criticare hospital hospital and has returned to his residence, the official said.
"We had a 6 am flight to catch for a show in Kolkata and I had reached the airport. Govindaji was about to leave his residence for the airport when this accident happened," the actor's manager Shashi Sinha said.
"The revolver apparently fell down while being kept in the cupboard and misfired. It is due to God's grace that Govindaji sustained only leg injury and it was nothing serious," he said.
