To Canelo

Winning aganist someone before they get too good.

Alvarez accepted the fight aganist Mayweather too soon and got canelod (to canelo)

Canelo

Mexican slang word for redhead or just someone with a light skin color
Celebrity examples: Saúl "Canelo" Álvarez, Jesús "Canelo" Ángulo

1: Dile a tu compa el Canelo que traiga las chelas we!
2: Pero ya se gastó toda la lana de la quincena el wey