diff --git a/mypy/checker.py b/mypy/checker.py
index 3734f3170790..dcbc7a845b15 100644
--- a/mypy/checker.py
+++ b/mypy/checker.py
@@ -701,50 +701,57 @@ def _visit_overloaded_func_def(self, defn: OverloadedFuncDef) -> None:
     def extract_callable_type(self, inner_type: Type | None, ctx: Context) -> CallableType | None:
         """Get type as seen by an overload item caller."""
         inner_type = get_proper_type(inner_type)
-        outer_type: CallableType | None = None
-        if inner_type is not None and not isinstance(inner_type, AnyType):
-            if isinstance(inner_type, TypeVarLikeType):
-                inner_type = get_proper_type(inner_type.upper_bound)
-            if isinstance(inner_type, TypeType):
-                inner_type = get_proper_type(
-                    self.expr_checker.analyze_type_type_callee(inner_type.item, ctx)
-                )
+        outer_type: FunctionLike | None = None
+        if inner_type is None or isinstance(inner_type, AnyType):
+            return None
+        if isinstance(inner_type, TypeVarLikeType):
+            inner_type = get_proper_type(inner_type.upper_bound)
+        if isinstance(inner_type, TypeType):
+            inner_type = get_proper_type(
+                self.expr_checker.analyze_type_type_callee(inner_type.item, ctx)
+            )
 
-            if isinstance(inner_type, CallableType):
-                outer_type = inner_type
-            elif isinstance(inner_type, Instance):
-                inner_call = get_proper_type(
-                    analyze_member_access(
-                        name="__call__",
-                        typ=inner_type,
-                        context=ctx,
-                        is_lvalue=False,
-                        is_super=False,
-                        is_operator=True,
-                        msg=self.msg,
-                        original_type=inner_type,
-                        chk=self,
-                    )
+        if isinstance(inner_type, FunctionLike):
+            outer_type = inner_type
+        elif isinstance(inner_type, Instance):
+            inner_call = get_proper_type(
+                analyze_member_access(
+                    name="__call__",
+                    typ=inner_type,
+                    context=ctx,
+                    is_lvalue=False,
+                    is_super=False,
+                    is_operator=True,
+                    msg=self.msg,
+                    original_type=inner_type,
+                    chk=self,
                 )
-                if isinstance(inner_call, CallableType):
-                    outer_type = inner_call
-            elif isinstance(inner_type, UnionType):
-                union_type = make_simplified_union(inner_type.items)
-                if isinstance(union_type, UnionType):
-                    items = []
-                    for item in union_type.items:
-                        callable_item = self.extract_callable_type(item, ctx)
-                        if callable_item is None:
-                            break
-                        items.append(callable_item)
-                    else:
-                        joined_type = get_proper_type(join.join_type_list(items))
-                        if isinstance(joined_type, CallableType):
-                            outer_type = joined_type
+            )
+            if isinstance(inner_call, FunctionLike):
+                outer_type = inner_call
+        elif isinstance(inner_type, UnionType):
+            union_type = make_simplified_union(inner_type.items)
+            if isinstance(union_type, UnionType):
+                items = []
+                for item in union_type.items:
+                    callable_item = self.extract_callable_type(item, ctx)
+                    if callable_item is None:
+                        break
+                    items.append(callable_item)
                 else:
-                    return self.extract_callable_type(union_type, ctx)
-            if outer_type is None:
-                self.msg.not_callable(inner_type, ctx)
+                    joined_type = get_proper_type(join.join_type_list(items))
+                    if isinstance(joined_type, FunctionLike):
+                        outer_type = joined_type
+            else:
+                return self.extract_callable_type(union_type, ctx)
+
+        if outer_type is None:
+            self.msg.not_callable(inner_type, ctx)
+            return None
+        if isinstance(outer_type, Overloaded):
+            return None
+
+        assert isinstance(outer_type, CallableType)
         return outer_type
 
     def check_overlapping_overloads(self, defn: OverloadedFuncDef) -> None:
diff --git a/test-data/unit/check-functools.test b/test-data/unit/check-functools.test
index 22159580163d..5bdc3ce7a352 100644
--- a/test-data/unit/check-functools.test
+++ b/test-data/unit/check-functools.test
@@ -640,3 +640,20 @@ hp = partial(h, 1)
 reveal_type(hp(1))  # N: Revealed type is "builtins.int"
 hp("a")  # E: Argument 1 to "h" has incompatible type "str"; expected "int"
 [builtins fixtures/tuple.pyi]
+
+[case testFunctoolsPartialOverloadedCallableProtocol]
+from functools import partial
+from typing import Callable, Protocol, overload
+
+class P(Protocol):
+    @overload
+    def __call__(self, x: int) -> int: ...
+    @overload
+    def __call__(self, x: str) -> str: ...
+
+def f(x: P):
+    reveal_type(partial(x, 1)())  # N: Revealed type is "builtins.int"
+
+    # TODO: but this is incorrect, predating the functools.partial plugin
+    reveal_type(partial(x, "a")())  # N: Revealed type is "builtins.int"
+[builtins fixtures/tuple.pyi]