A chihuahua is out in the middle of the forest. Suddenly he notices a jaguar heading rapidly in his direction with the obvious intention of having lunch.
The chihuahua thinks, "Boy, I'm in deep doo doo now." Then he noticed some bones on the ground close by, and immediately settles down to chew on the bones with his back to the approaching cat.
Just as the jaguar is about to leap, the chihuahua exclaims loudly, "Man, that was one delicious jaguar. I wonder if there are any more around here?" Hearing this the jaguar halts his attack in mid stride, as a look of terror comes over him, and slinks away into the trees.
"Whew", says the jaguar. "That was close. That chihuahua nearly had me."
Meanwhile, a monkey who had been watching the whole scene from a nearby tree, figures he can put this knowledge to good use and trade it for protection from the jaguar. So, off he goes. But the chihuahua saw him heading after the jaguar with great speed, and figured that something must be up. The monkey soon catches up with the jaguar, spills the beans and strikes a deal for himself with the jaguar. The cat is furious at being made a fool of and says, "Here monkey, hop on my back and see what's going to happen to that conniving canine."
Now the chihuahua sees the jaguar coming with the monkey on his back, and thinks," What am I going to do now?" But instead of running, the chihuahua sits down with his back to his attackers pretending he hasn't seen them yet. And just when they get close enough to hear, the chihuahua says, "Where's that monkey. I just can never trust him. I sent him off half an hour ago to bring me another jaguar, and he's still not back!!"
(Told to me by Jim Kohli. Also found here.)

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