Green’s Dictionary of Slang

tip v.7

also tip out
[SE tip, to move lightly or tiptoe]

1. (US black) to move, to leave.

implied in tip grand
[US]Werthman & Pillavin ‘Gang Members & the Police’ in Bordua Police 83: ‘[T]here was this ugly old lady walkin’ by the bus stop. Well I just step right up beside her and start tippin’ down the street’.
[US]Current Sl. V:2.
[US]H. Gould Fort Apache, The Bronx 45: We ain’t goin’ nowhere ’till they tip, man.
[US]G. Pelecanos Soul Circus 162: You wanna play some Street before you tip out?
[US]Burns & Corthron ‘Know Your Place’ Wire ser. 4 ep. 9 [TV script] It’s dead out here, y’all, Tip on out.

2. (Aus. prison) to forcibly transfer.

[Aus]Tupper & Wortley Aus. Prison Sl. Gloss. 🌐 Tip. To forcibly transfer. Thus a prisoner might complain that he had been tipped from a gaol.

In phrases

tip grand (v.)

(US Und.) to leave quickly, to run away.

[US]J.L. Kuethe ‘Prison Parlance’ in AS IX:1 27: tipping grand. Walking fast; running; leaving quickly.
[US]Charleston (WV) Daily Mail 12 Mar. 3/4: Tipping grand – Running; walking fast; leaving quickly.