Green’s Dictionary of Slang

carpet-bag n.

[ext. of carpet n.2 (1)/rhy. sl. = drag n.1 (5)]

(UK Und.) a three-month sentence.

[UK]F.D. Sharpe Sharpe of the Flying Squad 330: carpet (or Carpet Bag, or Drag) : Three months’ imprisonment.
[UK]J. Franklyn Dict. of Rhy. Sl.
[UK]Dodson & Saczek Dict. of Cockney Rhy. Sl.
[UK]J. Morton Lowspeak.