Poet dropping right in (4)
I believe the answer is:
home
'in' is the definition.
('he's in' can mean 'he's home')
I can't explain the remainder of the clue.
(Other definitions for home that I've seen before include "domestic" , "Place of origin" , "It's where the heart is, they say" , "It's where the heart is, it's said" , "chez nous?" .)