The act of squeezing someone's testicles to the point of pain as a means of persuasion.
-- Predominantly a Glaswegian way of expressing the action.
1. One piece - Franky was "Frankied" as a means of persuading him to join the Straw Hat crew
2. "Oh man, I just watched David get Frankied by Josh - didn't look pretty, bit Josh has the Skittles now