However, it appears to be trying to convey something like:
"Why are you jealous? I'm not going to hit you."
Here's a breakdown:
* "por que esta selosa": This part is missing a few words and should be "por qué estás celosa" which means "why are you jealous?"
* "yo no te las boy a pegar": This should be "yo no te las voy a pegar" which means "I'm not going to hit you."
The phrase likely expresses frustration or confusion at someone being jealous, and tries to reassure them that there is no need to be jealous because the speaker won't harm them.
It's important to remember that violence is never acceptable and this phrase could potentially be used in a harmful or manipulative way.