To spend alot of money on a girl. As in thousands of dollars.
When a guy has a large amount of money he will usually carry it in a rubber band. When he spends his money, on a girl, He is "poppin a rubberband"
Gucci Mane - Go Head Lyrics (chorus)
Shawtii gotta ass on ha (on ha)
Imma put my hands on ha (on ha)
Imma spend a couple grand on ha (on ha)
Imma pop a rubberband on ha (on ha)
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