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1.
rolley is a word used by snoop dogg in his newer video "drop it like its hot", meaning a rolex watch
"i've got the ROLLEY on my arm and i'm pourin' chandon"
by quzanne December 04, 2004
 
2.
a rolex. not just a dogg-ism, used by Da Brat much earlier.
'where my rolley wearing thugs who, claim they don't love u, but anytime u want somethin done they do it!'- Thats What I'm Looking For
by Stephizzal August 16, 2005