Warne and Samuels had to be separated by the umpires after a bust-up that involved an angry exchange of words. After a hearing today, Warne, who is leading the Melbourne Stars, was slapped with a one-match ban.
Samuels' hearing, meanwhile, would be conducted later as he is nursing an eye injury picked up during the match. The Caribbean player is competing for Melbourne Renegade in the T20 event.
"I have decided to accept my penalty of a 1 match ban ! Let's hope the boys can win tomorrow & we can make the semi finals..." Warne tweeted.
"Thanks for support guys, sport can be an emotional & at times very passionate too. I went to(o) far in trying to stand up for the team !!!" he added.
In an earlier tweet, Warne had stated that he considered the punishment harsh.
"I'm disappointed at some of my actions last night as captain & as a player,but I'm also very disappointed at the severe penalty I received!" he said.
Warne said he was disappointed with his behaviour but maintained that the punishment was harsh.
"Yes I went a bit to far with my emotions and passion, but was standing up for my teammate & trying to get us back in the game...
"Lastly, will take my penalty on the chin, as I was disappointed with some of my actions, in my opinion though the penalty is very harsh.." he tweeted.
The mercurial spin legend had thrown the ball at Samuels' chest during the match. In reaction, the Jamaican tossed his bat towards the Australian. Both the players then confronted each other before being separated by the umpires.
Cricket Australia charged both players with multiple breaches of code of behaviour. Warne was found guilty of three of four offences.
The veteran leg-spinner was punished for showing dissent at an umpire's decision, using obscene language and deliberate physical contact.
But the charge of throwing the ball at or near the West Indian in an "inappropriate and/or dangerous manner" was dropped.
Warne fined, banned
Shane Warne has been fined A$4,500 ($4,700) and banned for one game after a heated row with Marlon Samuels.
The West Indies all-rounder and former Australia test spinner had a heated verbal altercation before Warne threw the ball and hit Samuels on the arm, accidentally he later claimed.
Samuels reacted by throwing his bat down the wicket in the general direction of Warne and the umpires were forced to step in to restore order.
Cricket Australia (CA) found Warne guilty of three offences but not guilty of a breach of the rule that forbids throwing "the ball at or near a player or official in an inappropriate and/or dangerous manner".
"I'm disappointed with some of my actions last night but I'm also disappointed at the severity of the penalties," Warne told reporters.
"I think that was pretty harsh."
Warne was found guilty of showing dissent to the umpire, engaging in physical contact with other players and using offensive language.
Samuels, who has been charged with two offences, ended up on the winning side as the Melbourne Renegades beat the Melbourne Stars to clinch a home semi-final in the Big Bash league in front of a record crowd of 46,681 at the MCG.
His evening came to a painful end, however, when he top-edged a Lasith Malinga bouncer into his own face and left the field with a suspected fractured eye socket.
Samuels has been the subject of controversy in the competition already this season when Darren Lehmann, coach of the Brisbane Heat, questioned the legality of his bowling action.
Warne's teammate Cameron White was also found guilty of dissent at an umpire's decision, while the case against Samuels will be heard when he is able to attend a hearing.