According to the Santacruz Police, Pancholi, who was allegedly under the influence of alcohol, was annoyed at a disc jockey at a Juhu-Tara Road night club in Juhu, after he did not play the songs he had requested.
The actor got into a heated argument with the disc jockey and abused him at about 1 AM after which bouncers at the night club intervened.
The 50-year-old actor then allegedly assaulted one of the bouncers, leaving him injured.
He will be produced before a holiday court later today, the police said.