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1.
The way you begin your story when you are about to lie to your friend or make an excuse.
Example1:

Christian: So Philip told me that he saw you watch a movie with my sister last Friday night.

DJ: Haha, Funny Story Bro....

Example2:

Jordan: So I heard you slept over my girlfriend's house last Friday night.

DJ: Haha, Funny Story Bro...
by DJ Imperial February 14, 2011