diff --git a/mypy/subtypes.py b/mypy/subtypes.py
index c91250edc1ab..4af105898bf3 100644
--- a/mypy/subtypes.py
+++ b/mypy/subtypes.py
@@ -151,6 +151,11 @@ def visit_instance(self, left: Instance) -> bool:
             return all(self.check_type_parameter(lefta, righta, tvar.variance)
                        for lefta, righta, tvar in
                        zip(t.args, right.args, right.type.defn.type_vars))
+        if isinstance(right, TypeType):
+            item = right.item
+            if isinstance(item, TupleType):
+                item = item.fallback
+            return isinstance(item, Instance) and is_subtype(left, item.type.metaclass_type)
         else:
             return False
 
@@ -269,11 +274,13 @@ def visit_type_type(self, left: TypeType) -> bool:
         if isinstance(right, CallableType):
             # This is unsound, we don't check the __init__ signature.
             return right.is_type_obj() and is_subtype(left.item, right.ret_type)
-        if (isinstance(right, Instance) and
-                right.type.fullname() in ('builtins.type', 'builtins.object')):
-            # Treat builtins.type the same as Type[Any];
-            # treat builtins.object the same as Any.
-            return True
+        if isinstance(right, Instance):
+            if right.type.fullname() in ('builtins.type', 'builtins.object'):
+                # Treat builtins.type the same as Type[Any];
+                # treat builtins.object the same as Any.
+                return True
+            item = left.item
+            return isinstance(item, Instance) and is_subtype(item, right.type.metaclass_type)
         return False
 
 
diff --git a/test-data/unit/check-classes.test b/test-data/unit/check-classes.test
index 820b3a42070a..62b0d16dc060 100644
--- a/test-data/unit/check-classes.test
+++ b/test-data/unit/check-classes.test
@@ -2845,3 +2845,15 @@ class Concrete(metaclass=Meta):
 
 reveal_type(Concrete + X())  # E: Revealed type is 'builtins.str'
 Concrete + "hello"  # E: Unsupported operand types for + ("Meta" and "str")
+
+[case testMetaclassSelftype]
+from typing import TypeVar, Type
+
+class M(type): pass
+T = TypeVar('T', bound='A')
+
+class M1(M):
+    def foo(cls: Type[T]) -> T: ...
+
+class A(metaclass=M1): pass
+reveal_type(A.foo())  # E: Revealed type is '__main__.A*'