She knows, she knows
And I know she knows, and I know she knows
This line implies that the girl Cole is with in a relationship knows that he is out in the clubs partying and making out with other women, but unsure for how long she has known.
She knows Cole is cheating on her and he knows that she knows about the incidents in question. He chooses to continue cheating on her for the girls in the club still, even though he knows this information.
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