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Greg "The Hammer" Valentine 

Greg "The Hammer" Valentine is a pro-wrestler who was popular in the 70s and 80s. His nickname comes from when an opponent tries to re-enter the ring. Once they are up on the apron, Valentine would turn them around to face the crowd and bring a smashing fist and forearm down on their chest (Not from the elbow smash he also made popular.) Valentine is a second generation wrestler. Career highlights include breaking Chief Jay Strongbow's leg with the "figure four leg lock," gaining the Intercontinental Championship from Tito Santana, and being tag team champs with Brutus Beefcake.
"Yo, did you see Greg "The Hammer" Valentine beat down Roddy Piper, damn!"

drop the hammer 

Holding nothing back. Usually refers to ending something.

The term comes from the hammer action on a gun. The hammer dropping on many pistols is what causes them to fire. If you "drop the hammer" on somebody, you go all out.
Matt Hughes was doing good until GSP decided to drop the hammer on him.
drop the hammer by SexHammer June 22, 2011

By the Hammer of Thor 

An Exclamation, A Reference to the Tool used by the Mythological God of Thunder, Cursing without Cursing

drop the hammer 

To "legislate". To crack down on a certain violation or injustice.
Time to drop the hammer, and dispense some indiscriminate justice!

drop the hammer 

The point near the end of a race where you surge with everything you have to pull away for the win.
I thought Ritz would keep it close, but Webb decided to drop the hammer with 500 to go!
drop the hammer by Markkimarkkonnen December 28, 2005

drop the hammer 

An idiomatic expression meaning roughly "to explode in a fit of rage and fury", it is derived from the action of a firearm hammer "dropping" -- or striking -- the firing pin which in turn impacts the round and causes the mini explosion that results in a bullet or other projectile being launched at a high velocity out of the end of a barrel.

The expression can be used in several different variations with the above definition: 1) ...part. in a draconian way 2) ...leaving a wake of destruction in its path 3) ...against a very specific target with precision; etc.
"I have a clear shot of the target. Requesting permission to engage."
"You have the green light. Drop the hammer on that motherfucker."
BANG. Bad guy fall down.