Either she the one or I'm caught in "The Matrix"
But fukkit, let the +Fish-burne+

from Jay Z – Excuse Me Miss Lyrics on Rap Genius

Meaning

“The one” kicks off Jay-Z’s Matrix theme. Neo (an anagram of ONE) was a character in the movie who was considered the One who would save humanity.

Jay-Z sees this woman as something equally as special. Either she is the one he’s supposed to be with or his mind isn’t all there (caught in the Matrix).

Watch the movie if you haven’t.

“Let the Fish-burne” is also a reference to the actor who portrayed Morpheus (Laurence Fishburne)

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