Pinched stuff from comedian going on second (4)
I believe the answer is:
swag
'pinched stuff' is the definition.
(swag can mean stolen items)
'comedian going on second' is the wordplay.
'comedian' becomes 'wag' (I've seen this in another clue).
'going on' says to put letters next to each other.
'second' becomes 's' (common abbreviation).
'wag' put after 's' is 'SWAG'.
'from' is the link.
(Other definitions for swag that I've seen before include "Part of a curtain" , "Goods taken by burglar" , "goods from burglary" , "bundle of possessions" , "stuff stolen" .)