Simon Otrovsky, a journalist who worked alongside Babchenko, tweeted on Wednesday: 'While I am very happy Arkady is alive I am also angry and confused because my fellow reporters and I spent yesterday posting and reading memories we shared of him and feeling very down and out'.
Police initially reported that Babchenko had been shot in the back while leaving his Kiev apartment and died en route to the hospital.
The Ukrainian Security Service said it faked his death to flush out people trying to kill him.
Vasily Gritsak, chief of the SBU, said investigators have nabbed a Ukrainian man who was recruited by Russia's security service and paid $40,000 to kill Babchenko.
Babchenko thanked the Ukrainian security service for saving his life. "Olya, excuse me, please, but there was no other option".
"Separately, I want to apologise to my wife for the hell that she has been through."
A Russian journalist supposedly shot dead in Ukraine has appeared alive at a news conference in an apparent attempt to expose Russian agents.
The contract hit was ordered by the Russian special service, the SBU said.
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'Murdered' Russian Journo Pops Up At Press Conference About His Own Death
He had hired an associate who fought in eastern Ukraine on the side of Russian separatists to be the gunman. Russian officials also criticized Ukraine for failing to provide adequate protection to journalists.
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But Beijing's position overlaps competing territorial claims from the Philippines, Vietnam and Taiwan, among others. The U.S. military did not directly comment on Sunday's operation, but said U.S. forces operate in the region daily.
Moscow has described the allegations as part of an anti-Russian smear campaign.
"I'd like to draw your attention to Russia's ongoing aggression in Ukraine".
"I am convinced that the Russian totalitarian machine could not forgive his honesty and principled position", Ukraine's Prime Minister Volodymyr Hroysman posted on Facebook Tuesday.
Babchenko is the second journalist to be killed in Kiev in the last two years.
Babchenko was well-known for his criticism of the Kremlin. In the meantime, the Russian Investigative Committee has launched its own investigation into Babchenko's death.
Mr Babchenko sparked a backlash in Russian Federation for his comments in a 2016 Facebook post on the military plane crash.
Babchenko served in the Russian Army during the first separatist war in Chechnya in the 1990s before he became a journalist.
The Secretary General of the Council of Europe, Thorbjørn Jagland, condemned the murder of Ukrainian journalist Arkady Babchenko, which took place on 29 may in Kiev.
Another renowned journalist, Pavel Sheremet, a native of Belarus who had worked for Russian media outlets in the past, was killed in a auto bombing in central Kiev in July 2016.