In Colombia and Venezuela it is a colloquial and irreverent way of referring to sexual abstinence. Lack of sexual intercourse.
It is a common joke in Venezuela, it is used when a person says something incoherent or does something that should not have done for not paying attention.
falpismo: lack of pipi in the body
It is not recognized by the SAR. It seems that in Venezuela it means lack of make love, fuck, fornicate, penetrate the virile member in a woman's vagina.