However, all three members of an FA video review panel "were not of the unanimous decision that it was an act of violent conduct".
Toure, who has made 24 Premier League appearances for third-placed City this season, will now be available for Manuel Pellegrini side's game at home to Sunderland on Wednesday.
His absence could have been a big blow for the Premier League title hopefuls, who were without fellow midfielder Fernandinho and injured striker Sergio Aguero when they lost 1-0 at home to Chelsea last Monday and drew at Norwich.
(Reporting By Michael Hann; Editing by Mark Meadows)
