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phallicacy 

A combination of phallic and fallacy, phallicacy refers to a lie or exaggeration regarding the size of one's penis.
He claimed he had 9 inches. I fucked him last night, and determined that was a phallicacy.
phallicacy by g50007 May 2, 2008
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phallicacy 

an object that is intentionally designed to look like the male reproductive organ.
"at her birthday party, she decided on making her cake a phallicacy"
phallicacy by sirsnipsnip May 13, 2022