Baqueá' is a stylized spelling of the Puerto Rican slang word 'baqueada'. It means to be 'backed up' or 'have backup', suggesting someone is well-protected or has powerful connections.
In the song, the line "No brega en la calle, pero está baqueá'" paints a picture of a woman who doesn't involve herself in street life, but is still respected and protected. It's a cool piece of modern slang that adds a layer of toughness and mystery to her character.
Puerto Rican hitmaker Jhayco teams up with J Balvin and Bad Bunny for an absolute club banger about a girl living a double life. By day, she is an independent, straight-A student with a private life, keeping her circle tight and her Instagram locked. But once the sun goes down, she hits the club with her single friends to break the rules. The joke of the whole track is right in the hook: "Se hace la que no me conoce" [She acts like she doesn't know me]. In public, she walks past him like he is a total stranger, but behind closed doors, they are completely hooked on each other.
Each verse adds funny, specific details about her secret nightlife. Bad Bunny raps about how she gets good grades at university ("en la uni, buenas nota'" [in uni, good grades]) and keeps her circle jealous, while J Balvin notes that she saved his number under a sneaky alias ("De contacto tiene 'Jose'" [As a contact, she has 'Jose']) to keep anyone from finding out. The chorus compares their private chemistry to "la 5-12", Puerto Rican street slang for a strong painkiller pill (Percocet 512), pointing out that their secret hookups are an intense, late-night habit. It is a cheeky, fun look at someone who keeps up a polite image for the world while secretly texting you after midnight to cause trouble.