Argentine newspaper, La Capital, report that the decision was reached through a deal with investigating prosecutors.
The firearm was found late in 2017 inside a blood-stained boat, which Matias crashed in the Parana River.
The 35-year-old was initially held under preventive arrest and later released while he recovered from a fractured jaw and other injuries in the Santa Fe province of Argentina.
Matias' lawyer originally argued that his client crashed the boat into a sandbank and denied that he owned the gun.
This isn't the first time Matias has had brushes with the law for allegedly illegally carrying a firearm.
The five-time Ballon d'Or winner's brother, who has been linked with known criminals in the past, was held for 16 hours in a prison cell for in 2015 after officers found an an unlicensed 22-caliber gun in his car.
He was also arrested in 2008 for allegedly having a loaded gun in his belt.
Matias is the middle brother in the Messi family, with Rodrigo aged 38 and Lionel aged 31. The trio also have a younger sister, 31, called Maria.
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