A next level "mooning" maneuver designed to show more disrespect than the standard act of mooning. The Pink Elephant is fairly simple, but specific to the male gender. It is achieved by undoing one's fly and exposing the bare penis whilst pulling the pockets out of the pants. The inside out pockets represent the elephant's ears and the exposed penis symbolizes the trunk.
Guy #1: "Wow, you totally gave that passing truck driver the Pink Elephant!"
Guy #2: " I know, I've grown tired of mooning people... it's just too common place these days"
Butthead: Uhh, do you know what Cage the Elephant means?
Beavis: (mumbles) Oh yeah ha. Uhh, like um ha (says) choking your chicken? hahahahahaha
Butthead: Beavis, you think everything means that. But uhh, in this case it does. hahahaha
Beavis: ha Whoa! ha. That guy just caged his elephant hahaha.
"His supervisors thought they could cage the elephant by getting the rogue cop off the streets and into a cubicle desk job. But confinement only made him restless, and more dangerous than before."
Other examples of caged elephants include: Hormone-crazed high school kids; Employees in unfulfilling jobs; Spouses trapped in loveless marriages.