Ahogado means 'drowned' or 'suffocated'. It's a powerful and evocative word that paints a vivid picture of being overwhelmed or submerged.
In this song, the artist uses it metaphorically when he sings, "Y tu recuerdo ahogado en licor" (And your memory drowned in liquor). This line beautifully conveys the attempt to suppress painful memories by numbing them with alcohol, making it a memorable and emotionally charged word in the context of heartbreak.
Mexican rap collective La Santa Grifa turns a brutal breakup into a loud, spiteful victory lap in "Amnesia." The narrator acts like he woke up with total memory loss whenever his ex comes to mind, hitting her with "si te miro yo no sé quién eres" (if I look at you, I don't know who you are). He is definitely angry about being cheated on, but instead of writing a sad ballad, he brags about partying, drinking beer, and moving on with other women. He calls himself a "buen perdedor" (good loser) who accepts that the relationship tanked, yet he still can't resist warning her that she will end up crying just like he did.
The track is packed with Mexican slang that tells you everything about his state of mind. When he drops "la neta" (the truth / honestly), he admits he was broken, and "el bisne" (slang adapted from the English word business) refers to the shady deal of her betrayal. He even jokes about fixing his shattered chest with household glue, rapping that he put it back together "con un buen resistol" (with good Resistol, a household brand of white craft glue and contact cement in Mexico). It is messy, bitter, and completely honest about drowning romantic pain in loud distractions.