If you die and come back I shoot your spirit
Now your ass is just a holy ghost

from Big L (Ft. Jay-Z & Lord Finesse) – Da Graveyard Lyrics on Rap Genius

Meaning

If you come back as a spirit Y.U. will shoot you again and turn your ass into a ghost.

This line obviously went over your head. Y.U. will “shoot your spirit”, and now you’re “just a HOLE-y ghost”. Get it? He shot a ghost, therefore leaving him full of HOLES, therefore the “holy ghost” line.

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