To quit a joint enterprise; e.g. divest
one's capital, leave a
job, or break a contract.
Similar in spirit to taking
one's ball(s) and going home.
"As
soon as this company goes public, you'd
better believe I'm going to get my nuts out."
"Did I get my PhD? No way.
Soon as I had enough credits for a Master's degree, I got my nuts outta there."