I used to work with a bit of a "geezer". He would use what I termed 2nd order rhyming slang.
"He got it right in the Aris!"
Aris => Aristotle => Bottle => Bottle & glass => Ass
"He got it right in the Aris!"
Aris => Aristotle => Bottle => Bottle & glass => Ass
"Lets go for an oily"
Oily ─> Oily Rag ─> Fag ─> Cigarette