The 44-year-old was arrested at 11:30 a.m. PT on Wednesday, June 17, and released shortly before 3 p.m. PT on a $3.3 million bail, according to information available on the Los Angeles County Sheriff's Department website.
Authorities say Masterson, who is charged by his full name Daniel Peter Masterson, is accused of raping a 23-year-old woman between January and December 2001. He also allegedly raped a 28-year-old woman in April 2003 and a 23-year-old woman sometime between October and December of that year, a press release from the District Attorney's Office said.
All of the alleged crimes took place at Masterson's Hollywood Hills home, authorities said.
The press release from District Attorney's Office also revealed that the office declined to file sexual assault charges against Masterson in two other cases, "one for insufficient evidence and the other based upon the statute of limitations for the crime alleged."
If convicted, Masterson faces a possible sentence of up to 45 years to life in state prison.
Masterson is best known for his role as Steven Hyde on the teen sitcom "That '70s Show," which aired for eight seasons on the Fox network from 1998-2006.
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