A rag-tag way of silencing a handgun, popular in the Sicilian mafia. Made by wrapping a thick towel, washcloth, etc. around your arm holding a pistol, concealing the actual presence of the gun, when firing, the area of the towel in front of the barrel will ignite, Looking like a candle, hence the name. If you need a visual, watch the Godfather 2 when Vito Corleone kills Don Fanucci

(noun) A successful type of theft which results in an acceptable, impressive and rewarding payday for the protagonist.