Meaning “this shit” or “that shit” depending on the context.
“Boutta hit ts” this shit
“He gon hit ts” that shit
“Ts” has numerous meanings. In some cases, it can be used as a shortened version of “this”, (ex. “ts was crazy!”, “ts monkey lowkey looks like you”, “I really like ts song”, etc.)
“ts was crazy!”
“ts monkey kind of looks like you!” 🐒
“I really like ts song”