2
When a bottle of soda is almost empty and you drink the rest straight out of the bottle.
You: There's only about a glass of cola left in this bottle, you want some man?

Friend: I'm good , just put it up.

You: Okay (drinks the rest of the soda from the bottle)
by dorajpentagon June 12, 2012
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3
when one gets excited; puts two fingers up and pretends to shoot a gun while saying 'put it up' real fast.
"Yo, that guy was too fly"
"ye ye, putitup"
by saprina December 17, 2006
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4
Putting something, most likely drugs into the anus/butt crack.
Here is your dope, now put it up.
by Drinkbeard June 25, 2018
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