Internet term for "Oh, really now?"
used as more of a joke than a question in most cases. It originated from an internet meme The orly owl and was carried off into various slang and/or leetspeak (1337).
A good example of where this term may be used is the popular website, 4chan (since most internet memes were basically generated from 4chan).
The usual response to this phrase is Yarly or Ya rly.
Person one: Hey, Joe. I just got the new maps for halo 3.
Person two: Orly nao?
Person one: Yarly.
Haven’t you heard?! Having a friend named Nao is one of the best things! Here’s how to create one. Step 1: Start with adding the basics; funny to make you laugh till you cry. Sweet and caring for friend that are sad or need advice for anything. And a touch of weirdness too to balance all the basics. Step 2: you need to add cuteness and intelligence to your mix. You won’t be forgetting a pinch of dirty mind. Step 3: stir them all together and I hope your batch of Nao’s comes out perfectly ❤️🥰