To rip one's chain is to either steal an idea or generally give someone the bum end of a deal. It commonly happens on the streets in rough neighborhoods.
(girl): Come on give me more money! You only gave me 40 dollars and I need more!

(big dude): Bitch you already RIPPED MY CHAIN! *dumps Jack In The Box milkshake on girl*
by jameskisau December 16, 2011
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