'Two and a Half Men' star Charlie Sheen speaks to 'Extra' (weekdays, syndicated) following his meltdown last month at the Plaza Hotel in New York, during he allegedly destroyed his hotel room and was raving over stolen property. Sheen underwent a short hospital stay as a result.

"A guy has one bad night and everybody goes insane and panics. You know, I'm not panicking," Sheen said, downplaying the events from that night.

A watch worth $150,000 reportedly went missing during the incident, and Sheen says he has yet to locate it. "It's still missing. But, the way I look at it is, if you have expensive tastes, you've got to be prepared for expensive losses. It is what it is," he said.