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A Scottish way of saying 'oh yeah! just now!' like they're bragging about how fast they are. It's basically a shout of pride.
'Och aye the noo!' he yelled as he ran past me like I was in his way.
She said 'Och aye the noo!' right before she threw her drink in my face.
He shouted 'Och aye the noo!' when he realized he was late for work again.