Shug Knight 

A verb used to explain when an asshole takes/steals something away from someone abruptly and in turn uses it for their own personal gain.

To Shug Knight or to be Shug Knighted.

"Dude, did you just Shug Knight my beer?"

"Hey, I heard Nicole totally Shug Knighted Stacy's boyfriend!"

"I just Shug Knighted Dan's girlfriend's virginity."

Shug Knight by HarveyPickles October 9, 2011

Shugnight party 

(Reno 911: Miami)
When two white cops show up at an all black party asking for the music to be turned down and nothing happens, they begin to get frustraited and strip down posing as a "stripper gram" for Shugnight the rapper's birthday party then flee the scene by diving off the pier and swimming to saftey.

pronounced Shoog nite party

(gay cop sings while stripping)
"whos birthday is it!.... Shug.... night.. to the what... huh?"
"TURN THE MUSIC DOWN AT THIS DAMN SHUGNIGHT PARTY!"

Shugnight party by Wade RCSD October 9, 2008