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1.
One who sifts through threads of the carpet in hopes of finding a small amount of cocaine.
When we ran out of coke danny became a carpet monkey.
by P LOS May 17, 2006
 
2.
A severly sunburnt monkey that travels under your carpet by night, and hides in your socks by day.

It is addicted to myspace.
Guy
"Bob did you send a friend request to your carpet monkey yet?"

Bob
"I dont wanna be that nukkas friend!. That little bitch gave me athletes foot again!"
by Daniel (look it up) October 22, 2006
 
3.
a monkey that sits on the carpet.
oh look, the carpet monkey is back
by Ric Dray October 23, 2006