The dingolfy originated in Malayalam cinema sometime around the 90s, when Malayalers were desperately in need of an umbrella euphemism that could encapsulate all of their prudeness around matters of lust. With its imported foreign goods sound, and clunky alien charm, dingolfy quickly became the catch all term for all (supposedly) sleazy behavior in the fetid Malayali imagination.
Nickname given to bales of marijuana thrown overboard or out of airplanes. Origin is reportedly from members of the US Coast Guard in the area of Southern Florida.