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Asian Games and Commonwealth Games silver medallist was injured during training.
The 29-year-old Vinesh also said she is fearful of being trapped in a doping case.
Silver and bronze medallists will also earn prize money, but only from the 2028 Los Angeles Games.
The 24-year-old was shot in the chest at a petrol station on Wednesday night and the assailants drove off in his vehicle.
The disciplinary breach occurred on Thursday night. The 22-year-old, who competes in the men's 73kg weight class, was caught by security personnel, who made a video of the lifter.
The 24-year-old Palakkad native became the first Indian track and field athlete to qualify for the 2024 Paris Olympics.
Vinesh appeared in 50kg as well as the 53kg category trials after she apparently held up the bouts for three hours, demanding the unparalleled exception for herself.
The official posters are inspired by the surrealist artistic movement, with a level of precision and detail unprecedented in the history of the Olympic and Paralympic Games.
This is the first time the Indian table tennis teams have qualified for the quadrennial Games since its introduction at the Beijing 2008 Games.
Benny is the chief executive officer of Spago International, a globally renowned company specialised in catering for major sports events in the US, Europe and the Middle East.