98 Tacoma not cranking after water hole

Okay so I decided to go a little crazy and go through water with a CAI. Granted the water only hit the bottom of the engine the water splashed and got into my cylinders. I have checked the starter to make sure the bendix wasn't sticking and it seemed not to but it was a little rusted. I then pulled all my plugs out and cranked the engine by hand the opposite direction, then cranked it over and it would crank over bout 5-6 times then pretty much hit a brick wall. It sprayed out water when I could crank it but now I cant crank counter-clockwise or clockwise and don't know exactly why. I have checked all the fuses and everything is fine. Suggestions please?

 

Because your pistons probably look like this:

Start looking for a low mileage used engine? Sorry bud.