Originally Posted by
GetMeOuttaHere:
“If after drying it out and it doesn't work, take it back to where you brought it, say it has stopped working and request a replacement.
”
I think that would be unlikely to work
An iPod has a small tab inside it, where the headphone jack is, that will change colour to pink when it has been exposed to liquid. It's so that the Apple folk can tell if an iPod is faulty due to water damage.
As others have said, the best thing to do is leave it to completely dry out for a while. I've also read lots of stories of people submerging iPods into a bucket/bowl/bag of uncooked rice to help draw out all the moisture.
There's a lot of pages about people accidentally dropping their iPods into water and some suggestions for removing the moisture here (I searched iPod, rice, moisture but plenty of other ways of drying out iPods are discussed on the linked pages):
Google results page
It's happened to loads of people and plenty of iPods have come out all safe and sound
I'll keep my fingers crossed for you that it gets sorted.