An expression popularized in the Hamilton area, essentially meaning "leave really fast".
Dip means: to leave abruptly. To get the hell out of somewhere.
and the cheese sauce part just means to leave AS FAST AS possible.
"Oh frruck! I forgot to do my online assignment"
"Leff it man"
"Naw, im gotta dip like cheese sauce!"
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qwerty (me) invented a new snack called dip in cheese roll, my mom tried it and she said "it was delicious!"
dip in cheese roll is: cheese and ketchup inside the cheese and roll it