Fred Willard has been such a naughty boy! Not only is the actor facing charges of lewd conduct, he’s lost his job!

On Wednesday night, the “Anchorman” star was busted by the L.A.P.D. at an adult theater in Hollywood. According to TMZ, officers were doing a routine walk-through at the Tiki Theater on Santa Monica Blvd. and caught the 78-year-old actor with his pants open and his weenie in his hand. Willard was arrested for lewd conduct and released from custody.

The real trouble began for Willard today, when PBS execs fired him from his show “Market Warriors.” The email obtained by TMZ reveals that not only is Willard out, effective immediately, the unaired episodes of the show featuring him will be cancelled. 

This is such a serious lapse of judgment, you have to wonder what Willard was thinking—and which head he was thinking with. If you get the urge to do something like this, rent a XXX DVD or find some porn on the internet, don’t slink into some sleazy theater with a raincoat and think no one’s going to notice.

Willard still has his gig hosting the ABC improv series “Trust Us With Your Life,” at least for now.