I'll pass

Hi! Everybody!



Could you have a look for at this sentence “ I’ll pass.” How should interpret “pass” in this context? Is Michael saying “ I’ll move” ??

http://www.urbandictionary.com/define.php?term=pass

Thanks for your help.




(Prison Break)

T-Bag: ... ... Keep you real close, so no one up in here can hurt you.

Michael: Looks to me you already got a girlfriend.

T-Bag: I got a whole 'nother pocket over here.

Michael:I'll pass.

T-Bag: I don't protect you, they gonna gobble you up like a plate of black-eyed peas.

Michael: I said no.

T-Bag: Then you best move, then. Now. You come around these bleachers again, it's gonna be more than just words we're exchanging. Know what I'm saying?