It is reported that the Olympic Champion crashed his BMW motor car into guard rails shortly after five o'clock.
A source close to the star athlete told RJR News he was not hurt in the crash and is now resting comfortably at home.
RJR News understands that Bolt, who is preparing to defend his 100 and 200 metre titles at this summer's London Olympics, was on his way home from a popular party when he crashed his car.
Early reports say former world record holder Asafa Powell was also at the scene of the crash, but was in another motor vehicle.
Bolt and Powell had just returned to the island after competing at the Diamond League meeting in Oslo, Norway on Thursday.
In 2009 Bolt crashed his BMW M3 into a ditch in the vicinity of the Vineyards Toll Plaza along Highway 2000.
He sustained minor injuries to his feet in that crash.
Bolt and Powell are expected to feature prominently in Jamaica's highly anticipated National Championships at the end of June.
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