1.) To do something particularly ballsy in order to achieve a goal.
2.) An impressive act. This can be a physical, financial, or psychological move.
"We've been waiting to turn out of this parking lot for 5 minutes. This is taking forever.."
"You're right, I'm over it. Hold on, I'm about to drop the nuts!"
"Dang bro, did you have to buy the biggest house on the lake?"
"Yeah, man. I'm new in town. I had to show up and drop the nuts!"
John: Oi did you hear David dropped out of the fight at the last minute?
Mark: Yeah, he's such a dropnut.
Gang Member A: Bro those pussies that were supposed to be scrapping us backed off.
Gang Member B: Yeah they're such a fucking bunch of dropnuts, you can see their balls rolling on the ground.
May I have an order of regular degular buttermilk pancakes? Without all the added jazz? Hold the blueberry smiley face, strawberry glaze, chocolate chips and whipped cream.