Can someone help me decipher this verse?

[Sad Bunny]

Yella bone, butt naked
If the p*ssy wet : eject it
Man all my hoes be actin' like detectives
But I don’t give a fukk & if I did I would give it to you
That rainbow has 2 colors : rhythm & blues, yeah
I just hope for the time, my times only
Say we runnin' out of time,
Tell that to a time bomb yeah
Then she kiss me on my bullet wound
Who are you ? Cause motherfukker I’m me
fukkin' right
And if she say she catching that nutt I throw it straight
I can’t believe this butter, go get my butter knife
Shoot a nikka twice in case he live a double life

I do NOT understand what any of the bolded means

I'm so confused....this nikka really a martian

 

[iPod Raheem 2.0]

I do NOT understand what any of the bolded means

I'm so confused....this nikka really a martian

Sure, homey, got just the man for the job

Spoiler

@the rhyme king

 

[villain]

i just sold father time a time zone

but i knew you were going to bring up these bars for some reason