Steven Acevedo "is not a vindictive, meanspirited individual," his lawyer Mark Heller said on Wednesday. "He is not motivated to propel Sean Combs into jail."
During the beatdown, Acevedo told cops, a member of Combs' entourage boasted, "We won't shoot you. You can even hold our guns," sources said.
No weapon was displayed, and no witnesses saw a gun, sources said.
Acevedo filed a police report, which could result in Combs being arrested and issued a desk appearance ticket for misdemeanor assault, the sources said.
But Combs' lawyer Benjamin Brafman said the two men were interested in settling the matter outside the courtroom.
Heller said Acevedo was not out to make a quick buck. He noted that if the Manhattan district attorney requires him to testify in a case against Combs, "he will have no choice but to fulfill his duty," Heller said.
Police sources said the matter would likely be settled privately, with Acevedo dropping the complaint.