Peladas literally means "peeled" or "bald." However, in Mexican slang, especially in the context of drug trafficking or dangerous situations, it can mean "difficult," "risky," or "tough."
In the lyrics, "no creas que las cosas están tan peladas" translates to "don't think things are so easy/simple/safe." It implies that the business or situation is more complex and dangerous than it might appear, adding a layer of street wisdom and caution to the narrative.
This song, "Avion Arriba" by Luis R Conriquez, is all about living a relaxed life, enjoying the moment, and reflecting on years in the business. He talks about feeling chill, with a "toque de la verde" [a touch of green], which makes his mind flow. He says, "me han de mirar tranquilito rolando un toque con toda mi gente" [they must see me calm, rolling a joint with all my people].
He's been in the game for a long time, saying "son varios años moviendo la maria juana" [it's been several years moving marijuana]. He's not worried about anything, and he moves among the big players, always with "grandes socios" [big partners]. He mentions that people who know him always see him with "los ojos rojos" [red eyes], but he insists he doesn't harm anyone. He's a calm and simple guy, but respected, and he's okay with how he lives his life. The song has a very laid-back vibe, celebrating a life of ease and success.