• Alt. of Hype • (v. t. & i.) To throw by means of a hipe.
[Naval Acronyms and Slang] Slang for a rifle (RN)
Hipe noun Also Hype [ Etym. uncertain.] (Wrestling) A throw in which the wrestler lifts his opponent from the ground, swings him to one side, knocks up his nearer thigh from the back with the knee, and throws him on his back. Hipe transitive verb & i. [ imperfect & past participle Hiped ; present participle & verbal noun Hiping .] (Wrestling) To throw by means of a hipe. -- 
Hipe is British army slang for a rifle.