feds watching 

A term coined by rappers, meaning that the federal authorities are watching their actions, purchases, etc. Typically those whoa are being watched by the feds are making a lot of cash doing illegal activites.

"Ay man can you hook a brotha up with a car?"
"Nah bro, the feds watching"

feds watching by scarfacemontana July 21, 2014

The Feds are watching 

The police or the authorities are survailing your person

"Watch your back" , "the Feds are watching"

The Feds are watching by Eros McDonald August 22, 2017