1) A degoratory term used to describe an undercover cop
2) An uncircumsized(sp) penis
3) A delicious snack consisting of cocktail-weiners wrapped in some type of roll
1 - Damn David! That was close! You almost bought weed from that pig in a blanket. That woulda sucked!!!
2 - Look at that guy... he has a pig in a blanket... HAR HAR HAR!!!
3 - SAY BITCH, Go make me some mo' pig's in a blanket