Green’s Dictionary of Slang

lollipop n.2

also lolly, lollypop
[rhy. sl. ]

1. (also lollypopper) a police officer [cop n.1 (1)].

[UK]J. Franklyn Dict. of Rhy. Sl.
[Aus]F.J. Hardy Yarns of Billy Borker 96: He demanded that Hungry take him to the police station. Well, Hungry obliged — without switching the meter off, of course. At the Bastille the lollipop said the fare must pay the price showing on the meter.
[Aus]F.J. Hardy Outcasts of Foolgarah (1975) 35: They’ve sent for the lollipops.
[Aus]R. Aven-Bray Ridgey-Didge Oz Jack Lang 35: Lollypoppers Coppers (police).

2. a shop.

[UK]T. Norman Penny Showman 12: We must get a Lolly Pop, (shop).
[UK]P. Allingham Cheapjack 308: The finger had had a look at my lolly [...] and had decided it was not a bit like the joint his wife had described. [Ibid.] 319: Lolly – A shop. Lolly worker – A swindler who starts a shop and immediately sells the alleged goodwill.
[UK]S.T. Kendall Up the Frog.
[UK]Dodson & Saczek Dict. of Cockney Rhy. Sl.
[UK]J.J. Connolly Layer Cake 23: Morty stuck a couple of bashers in the lolly pops.

3. a monetary tip [drop n.1 (6a)].

[UK]J. Franklyn Dict. of Rhy. Sl.
[US]Hall & Adelman Gentleman of Leisure 8: Most men just give their women lollipops and that’s that. The men give my girls lollipops and I end up with the lollipops.