Definitions by Lee Van

Shatas 

pron: SHA - TAS
origin: Bed-sty, NYC
to get shot down i.e; "to get the shatas"

Harry walks up to Sally for the digits, returns with his tail btw his legs, he got the "shatas."

Bob walks to the grocery store to buy beer but the store is closed, he returns empty handed and says, "Shatas"

Shatas by Lee Van June 23, 2006