I know a bit about this.
It can be a few things:
1. A pimple. It is possible to have acne down there (guys and girls). If you have a fair amount of acne, it is possible.
2. It could be an STD. I say that because of the bleeding and pus. If you are sexually active (or had any sexual contact with anyone in the past), you may have gotten a virus that just didn't act up until now.
3. Something like 1/10 or so penis' have some kind of small bump that is just harmless skin. It is just an abnormality. These don't have pus so it probably isn't this.
Go see a doctor. You don't want to risk having it amputated, do you?!?! (something to think about as you make your appointment)
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