He was being helped up after flying into the crowd during a shot-blocking attempt when he turned around and responded to something a Tech fan said.
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Smart was assessed a technical foul but was not sent to the Cowboys' locker room.
After the game, Oklahoma State coach Travis Ford was asked what happened, to which he responded "I'm still trying to figure it out."
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Kentucky Sports Radio identified the fan involved in the altercation as TTU super fan Jeff Orr.
Apparently, this isn't Orr's first go-around with taunting opposing players .
CBSSports' Doug Gottlieb obtained a text conversation where Orr admits he said something wrong.