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2.
a phrase you would scream, before taking an awesome hit from the bong.
bob- you want to spark that bong?
sue- Hell yea, fire in da hole!
by four2Ogirl November 01, 2011
 
1.
when a guy is letting someone know when they are going to bust.
Dan says to jill fire in the hole
by Gillman December 12, 2004
 
3.
used when expressing an immediate need to vacate the area, due to a eye-tearing sage (see 'sage' for definition)
background: you and your buddies are enjoying a nice meal of refired beans, saucerkraut, and hot peppers, when suddenly....

" sage!! ooops - FIRE IN DA HOLE !!!!" he exclaimed while proceedingto the toilet to 'freshen up'
by joe shit the rag man April 17, 2004