Indian Pencil Sharpener
The act of taking both hands and placing them on the shafts of a man's genitalia and proceeding to twist in opposite directions much like an "Indian Burn" to one's arm.
Craig: Hey, Rick! You want a good ol' friendly Indian Pencil Sharpener?
Rick: Nah, bro. I'm still sore from last week.
Rick: Nah, bro. I'm still sore from last week.