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1.
Simply means beating someone up. Apparently only used in Florida.
"Gimme my fucking money before you get knocked in the shit!"

"You got knocked in your shit! Ha ha!"
by AZZ-KIKR December 22, 2006
 
2.
something a nigger says to sound cool, but actually sounds like he wants to sodomize someone.
gimme yo' wallet 'fo you get knocked in the shit
by Big Honky July 22, 2008