naicchat tvam asy utpatha-ga
iti devaś cukopa ha
śūlam udyamya taḿ hantum
ārebhe tigma-locanaḥ
patitvā pādayor devī
sāntvayām āsa taḿ girā
atho jagāma vaikuṇṭhaḿ
yatra devo janārdanaḥ
na aicchat -- he did not desire this (embrace); tvam -- you; asi -- are; utpatha-gah -- a transgressor of the path (of religion); iti -- so saying; devah -- the lord (Siva); cukopa ha -- became angry; sulam -- his trident; udyamya -- raising; tam -- him (Bhrigu); hantum -- to kill; arebhe -- was about; tigma -- fierce; locanah -- whose eyes; patitva -- falling; padayoh -- at (Lord Siva's) feet; devi -- Goddess Devi; santvayam asa -- pacified; tam -- him; gira -- with words; atha u -- then; jagama -- (Bhrigu) went; vaikuntham -- to the spiritual planet of Vaikuntha; yatra -- where; devah janardanah -- Lord Janardana (Vishnu).
In Krishna, Srila Prabhupada writes, "It is said that an offense can be committed either with the body, with the mind or by speech. Bhrigu Muni's first offense, committed toward Lord Brahma, was an offense with the mind. His second offense, committed toward Lord Siva by insulting him, criticizing him for unclean habits, was an offense by speech. Because the quality of ignorance is prominent in Lord Siva, when he heard Bhrigu's insult, his eyes immediately became red with anger. With uncontrollable rage, he took up his trident and prepared to kill Bhrigu Muni. At that time Lord Siva's wife, Parvati, was present. Her personality is a mixture of the three qualities, and therefore she is called Triguna-mayi. In this case, she saved the situation by evoking Lord Siva's quality of goodness."
Srila Jiva Gosvami remarks that the Vaikuntha planet referred to here is Svetadvipa.