The Brief: Bags or the bag can refer to money, handbags, bags of drugs, baggage, and more.

Bluesquiggle
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A bag or bags is slang for one thousand British pounds. “The bag” is a large sum of money. It can also refer to bags of drugs. Bags can also be designer handbags.

You get the bag and fumble it
I get the bag and flip it and tumble it –Quavo, “I Get the Bag”