Painfull irritating lump.

Patient: I have a lump maybe the size of an olive seed near my genital region. It has been there for maybe a week if not more and was dripping pus for about 2 days. as of now there is no more pus but it hurts with any form of touch. it is just above and to the right side of my penis and is almost unnoticeably red. even when i lay on my stomach just the bed hurts it. i dont know what it is but I have some people telling me that it could be an ingrown hair and not to worry but some people telling me to have it checked out. I am worried to be honest but dont know if i should be. Can you help??

Symptoms: Lump, pain, slight redness