And ran to Jacob and made the new Jesus chains?

from Kanye West (Ft. Ghostface Killah & Pusha T) – New God Flow Lyrics on Rap Genius

Meaning

Jacob Arabo is a designer of custom jewelry for the rich and famous (including many hip-hop/rap artists). Kanye has been a client of his since before The College Dropout and Arabo helped him design his famous “Jesus Piece”

In the Judeo-Chrisian biblical mythos, Jacob literally wrestles with an angel and as a result is given the name Israel. He would later bear 12 sons after whom the 12 tribes of Israel would be named. The fourth son, Judah, was the forefather of Jesus' line.

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