An adaptation of the cockney Rhyming Slang "Bucthers Hook" (to look) made by locals from the Isle of Wight, England. In this case it's been used to discribe petty persistent criminals or a crook, hence the Butchers bit (butchers hook - crook).Beleived to have started primarily in the West of the Island in the early 1980's. Then went on to pervade the island and some parts of the near mainland. Now it is used to describe any Kind of criminal activity from torching a car to burglary and shoplifting.
Oii nipper did you read about butchers in the paper. Been caught shopliftling again.