British term. It all starts with the theft of a large vehicle, likely a truck (lorry in Brit parlance) or perhaps a van. Stolen vehicle is then driven through the plate glass window of a shop, perhaps a Best Buy (Dixon's). Selected shop is then raided for goodies by occupants of the vehicle, at which point thieves make off with the loot. Steal a truck, crash it into the shop and piss off with a bunch of junk in your arms and pockets. Ideal way to pass an evening or early morning. Popular activity with chavs when they run out of ciggies.
Fuckin chavsnicked a lorry and ramraided Tescos. Ran off with a bunch of baked bean frozen pizzas and prawn cocktail crisps.
It is said of the situation where a person has the bad luck to make contact with his testicles against an undefined surface or object, intentioned or not.
Given the nature of the word, it is more appropriate to design cases where the interaction is made with a moving object, for example, a ball.
Although it is extremely painful for the victim, it tends to be considerably funny to people who witness it.
Today in the baseball game the pitcher took a nutshot; the baseball hit him in the nuts.
Man, I just watched the funniest nutshot video ever.