/usr/bin/fontinst is in texlive-font-utils 2014.20141024-1.
This file is owned by root:root, with mode 0o777.
It is a symlink to /usr/bin/../share/texlive/texmf-dist/scripts/texlive/fontinst.sh
/usr/bin/../share/texlive/texmf-dist/scripts/texlive/fontinst.sh