To flaunt the towel means to insist that you didn't do something when it was apparent and evident that you did.
"I swear I didn't hide your backpack!" said Morris, while attempting to shield the bag behind him from view.
"Oh, you're just flaunting the towel now, aren't'ya?" Martin replied.
"Oh, you're just flaunting the towel now, aren't'ya?" Martin replied.
by ShinichiKudou December 05, 2005
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