Sun Wukong naturally didn't really want to kill Master Ge. Since he was able to walk out of the Dragon Palace, it suggests that he didn't offend Ao Guang to death.
Otherwise, Ao Guang would absolutely dare to kill him.
Even Great Emperor Ziwei, when confronting the other three among the Four Heavenly Kings, as well as adding Mount Ling to the equation, wouldn't wish to make another enemy of the Dragon Clan. The matter would likely be dropped without further consequence.
Ao Guang not killing Master Ge indicates that the situation isn't too serious.
Great Emperor Ziwei, with a severe expression, said to the Lady Dragon of Wealth, "Please convey to your esteemed father that I am at fault for this incident. Relay my apologies to the Dragon King, and I am willing to host a banquet to make amends.