In the Gorillaz song Welcome to the World of the Plastic Beach rapper Snoop Dogg uses the term crack-a-lacking.
I've done some searching and can't find a reliable source for the origin and exact meaning of this term, but there are a few options. The term is not used in any specific context in the song.
Best Answer
The Urban Dictionary and The Online Slang Dictionary both give a definition for crackalackin' as meaning "happening" as in
Probably this is derived from "What's cracking?" which is an older term meaning the same thing.