Gangstas don't die, they get chubby, and move to

from Jay-Z (Ft. Beanie Sigel, The Lox & Sauce Money) – Resevoir Dogs Lyrics on Rap Genius

Meaning

Probably a more specific reference to Meyer Lansky, one of the key leaders in the development of the National Crime Syndicate in the American mafia along with Charlie Luciano, Bugsy Siegel and Frank Costello. Lansky retired to Miami Beach until he died of cancer.

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