Meaning: An idol. Something inherently shameful that is worshipped by the people.
Exodus 32:3,4 And all the people brake off the golden earrings which were in their ears, and brought them unto Aaron. [4] And he received them at their hand, and fashioned it with a graving tool, after he had made it a molten calf: and they said, These be thy gods, O Israel, which brought thee up out of the land of Egypt.