The planet in question is a metaphorical place where the most attractive and sexually-active men come from.
This place is where all men wish they were from.

Known origin is from the British TV comedy series Bottom
Man 1: Were going to have to hit that beach like two greased up love-Gods from the Planet Big Bollocks
Man 2: Hmm...tricky
by Overagekid December 3, 2009
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