Green’s Dictionary of Slang

overdraw one’s badger v.

[pun on SE badger-drawing, badger-baiting]

to overdraw one’s bank account.

[UK]T. Hood ‘Miss Kilmansegg and Her Precious Leg’ in Poems (1846) I 172–3: His checks no longer drew the cash, / Because, as his comrades explain’d in flash, / ‘He had overdrawn his badger’.