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Denny Crane 

Phrase used after a moment or action by the speaker characterised by a combination of supreme competence, arrogance, swagger ,charisma and a victorious outcome.

Also a character on TV show Boston Legal who is in my opinion a golden god and the greatest man alive.
During a bball game as some homie fell down after i broke his ankles i passed it off the heezy to myself and threw it down.
After a short pause i confidently and sharply stated "Denny Crane".
Denny Crane by Tim Morro July 10, 2006
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Danny cane'ing it 

is to flop your dick out on webcam, to then realised your dick is small to zoom in so the picture quality decreases so that you can blame it on the camera at a later date.
You also take your beloved gold sovereign of as this is a clear identification of you.
Boy 1: come over mine for some fifa mate?
Boy 2: In a bit mate im just danny cane'ing it to some girl called rosie!
Boy 1: you know this will end up on facebook right?
Boy 2: no worries mush have the golden sovereign of and you can hardly see the caravan in the background
Boy 1: My o My.