And it's going down like Santa in the chim-i-ney

from Young Money (Ft. Drake, Gudda Gudda, Jae Millz, Lil Chuckee, Lil Twist, Lil Wayne, Mack Maine, Nicki Minaj, Shanell & Tyga) – Finale Lyrics on Rap Genius

Meaning

“It’s goin' down,” like, “shit’s about to happen,” in the same way that Santa Claus goes down the chimney on Christmas.

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