Ice on the arm, no wrist sprain

from Cam'ron (Ft. Vado) – Speaking in Tongues Lyrics on Rap Genius

Meaning

You know what the Doc recommends when you’ve got a sports (or wank) related inflammation of some sort? R.I.C.E that's
Rest, Ice, Compression and Elevation
Ice as in frozen water, not big ass diamonds, sorry

Cams watch has sooo much bling you’d think he was nursing a wankers cramp, but rappers aren’t usually deprived are they?

Dayyum look at that thing! He really wasn’t even exaggerating.

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