Rip Torn pleaded guilty Tuesday to charges stemming from his Jan. 29 arrest inside a Connecticut bank, where he was found drunk, with a loaded gun, having broken into the place thinking it was his own home. In exchange, he won't go to jail.

The 79-year-old actor, who was given a suspended 2½-year sentence, can't possess firearms during his three-year probation period and will be subject to random drug and alcohol testing.

Torn, currently reprising his role of Zed in the Will Smith franchise flick "Men in Black III," was glad nobody was injured and that he didn't wind up in jail, his attorney said. The actor -- initially arrested on suspicion of first-degree burglary, among other charges -- pleaded guilty to reckless endangerment, criminal trespass, criminal mischief and the illegal carrying of a firearm.

He's had a history of alcohol-related run-ins with the law, including three arrests on suspicion of DUI. Since the bank arrest, Torn has participated in in-patient and outpatient rehab.