The founder of Papa John's Pizza is in hot water again.

Reuters reports the founder of the pizza giant has tendered his resignation as chairman of the board.

The move came after Forbes had reported that John Schnatter had dropped the "N-bomb" during a recorded conference call.

"Papa John's condemns racism and any insensitive language, no matter the situation or setting ... We take great pride in the diversity of the Papa John's family, though diversity and inclusion is an area we will continue to strive to do better," the company said.

Mr. Schnatter resigned as chief executive in December last year, after drawing criticism for comments he made at the National Football League (NFL) leadership.

There was some question about the context of the statement. According to the Washington Post, Mr. Schnatter was asked how he would separate himself from racist groups online and responded by “downplaying the significance of his NFL statement.”

“Colonel Sanders called blacks n—–s,” Schnatter reportedly said.

Mr. Schnatter has issued his own apology.  “Regardless of the context, I apologize. Simply stated, racism has no place in our society.”

[Sources: Reuters, Washington Post]