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Cockney rhyming slang for pinch.
He half inched my wallet!
Don't you half inch anything old chap!
by Nick Samuel March 11, 2006
To 'pinch' something

Not a form of minor physical violence or playful teastin but more to 'steal' something from someone or somewhere.
That blady teevs gone 'n' half-inched me poodle!
by Jimma March 01, 2004