The Collaborative International Dictionary of English v.0.48:

Naughty \Naugh"ty\, a. [Compar. Naughtier; superl.
   Naughtiest.]
   1. Having little or nothing. [Obs.]
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            [Men] that needy be and naughty, help them with thy
            goods.                                --Piers
                                                  Plowman.
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   2. Worthless; bad; good for nothing. [Obs.]
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            The other basket had very naughty figs. --Jer. xxiv.
                                                  2.
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   3. hence, corrupt; wicked. [Archaic]
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            So shines a good deed in a naughty world. --Shak.
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   4. Mischievous; perverse; froward; guilty of disobedient or
      improper conduct; as, a naughty child.
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   Note: This word is now seldom used except in the latter
         sense, as applied to children, or in sportive censure.
         [1913 Webster] Nauheim treatment