4-panel-comic by War and Peas

Panel 1:
Gandalf, wearing a pointed hat and holding a ring, says to Frodo, "You must take the ring, Frodo." Frodo, dressed in a cloak and looking small beside Gandalf, stands with a neutral expression.

Panel 2:
Frodo examines the ring closely and reads aloud, "It reads: One Ring To Squeeze the Dick." His face is partially obscured by the ring.

Panel 3:
Frodo looks up at Gandalf with a shocked expression and asks, "Ew, is this your cock ring?"

Panel 4:
Gandalf, standing near a fiery pit, says, "It's too powerful. It must be destroyed." Frodo looks on, still holding the ring.