The 78-year-old was arrested after he was allegedly caught touching his genitals in an adult movie theatre last Wednesday (July 18).
Willard denied the allegations, saying that the incident was a "big misunderstanding" and that it is "all being straightened out".
The Best in Show star has now responded on Twitter, quipping: "Wait til u hear my version; much more PG. & my review, lousy film, but theater would make a terrific racquetball court. Full story 2 follow."
Following the arrest, Willard was fired from PBS and the network will not broadcast any remaining episodes of Market Warriors featuring the actor.
CEO Paula Kerger said that Willard's "circumstances would have become a distraction to the series".
Watch a clip of Best in Show below: