To vandalize a private property by throwing several boxes of donuts and various confections at it; including on the lawn, roof, porch, car, etc. Nutting's popularity stems from how quick it is; over 100 donuts can be discarded in about a minute and a half.
"We should hit up QFC for some boxes of day-old donuts so we can go nut that bitch later."
"Dude, we should write stuff in chocolate sauce on their driveway while we nut them."
"We nutted Angela so good last night, there were like, over 90 donuts."