I'm this old. The image shows a partially eaten donut with a bite taken out, placed on a wooden chest with an open combination lock. This is a meme referencing a common trick used by kids to remember or indicate the first number of a combination lock by making the lock look like a donut with a bite.
Officer: Hey man, whatcha doing? Suspect: Oh- Officer: Nothing? Nothing? Suspect: No... Officer: What's in your hand? You have nothing in your hands? Lemme see both your hands, come on. Suspect: *SHOWS HAND* Officer: Lemme see other hand. Suspect: *SHOWS OTHER HAND* Officer: Let me see both your hands. What's that? Nothing? Nothing? Really? Officer
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