I got one for your monkey

from Nice Peter & EpicLLOYD (Ft. Bentley Green) – Michael Jackson vs Elvis Presley Lyrics on Rap Genius

Meaning

Jackson owned a chimpanzee named Bubbles. This acquisition became notorious in the media as Jackson brought Bubbles out in public and to events.

This line and those which follow it are referencing the song Blue Suede Shoes (“Well it’s one for the money, two for the show, three to get ready now go cat go”)

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