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*Iggy Azalea has apparently forgiven her boyfriend Nick Young since he was secretly taped admitting that he cheated with a 19-year-old that he met at a club, but the forgiveness comes with a serious warning.

The rapper admitted Monday that she is “not cool” with her fiancé’s philandering, and would be willing to take matters into her own hands if he does it again.

“Like you’ll have half a penis,” she said on the “Orlando & The Freakshow” radio show on Wild 94.1, referring to Young’s videotaped boast to LA Lakers teammate D’Angelo Russell about his escapade with the teenager. “I already said, ‘One more video. Just one more thing and you will lose a quarter of your meat.’”

Iggy Azalea and Nick Young

Iggy Azalea and Nick Young

Azalea also said she believes men should snitch on each other.

“Screw guy code,” she said. “I have an actual spoken commitment that you’re going to get married to me… and that involves not doing any of those other things.”

Appearing on “Ellen” last week, Iggy said she and Nick were “good,” and DeGeneres didn’t press any further.

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