The Bombay High Court granted the bail to John Abraham and stayed the 15 days jail term awarded earlier by the Sessions Court, which upheld an earlier verdict pronounced by a Bandra magistrate.
After Abraham's lawyers moved the high court post-haste, justice R.C. Chavan granted bail of Rs.20,000 to the actor and also stayed the operation of the lower court sentence till the pendency of the matter.
Police detained Abraham immediately after the sessions court rejected his plea against the 15-day simple imprisonment and fine of Rs.15,000 awarded to him by a magistrate's court in 2010. He was initially taken for a medical examination.
The sessions court also rejected Abraham's plea for four days' time to surrender.
It was not immediately clear whether the prosecution would seek enhanced punishment for Abraham.
Bandra additional chief metropolitan magistrate S.V. Kulkarni had convicted Abraham in 2010 for injuring two youths - Tanmay Majhi (19) and Shyam Kasbe (22) when his motorcycle collided with their bicycle in Khar in northwest Mumbai in April 2006.
The actor had rushed the two victims to a hospital.
The 39-year-old model-turned-actor is currently promoting his first production venture "Vicky Donor", a film about sperm donors.
He is known for his role in films like "Jism", "Water", "Dostana" and Force".