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1.
Stealing a carpet. Especially applicable to bar-towels a.k.a. bar-carpets.
Alice: Have you seen this Heineken carpet on the bar counter?
Bob: Hell yeah, I'm carpetjacking that shit.
by kimar September 23, 2013
 
2.
The act of standing in front of a recently-used red carpet backdrop and having someone take your photograph, usually in an effort to appear distinguished or likeable.

Originally posted at johnmayer.com by JOHN MAYER AT 07:59 PM FROM AMSTERDAM, NETHERLANDS

Scotty and Tony were caught CarpetJacking in Amsterdam.
by Newport Girl October 22, 2006