Guys: "Let's do it. But first, No Homo."
Say dude your ass is big, no homo!
i've heard and used the expression long before the diplomats (dipset) rise to fame. i believe they popularized it, but certainely didn't coin it.
"get the fuck off our dicks no homo!" -cameron giles, aka cam'ron
"Bro can i see your piece? no homo." "Oh yeah sure no problem" <perfectly straight