Crossword Genius

Rocky, it seems, is broke! (5)

Ross

I believe the answer is:

stony

I'm a little stuck... Click here to teach me more about this clue!

'is broke' is the definition.
(stony-broke is old-fashioned slang meaning poor)

'rocky it' is the wordplay.
I cannot quite see how this works, but
'it' could be 't' (abbreviation. e.g. in 'tis) and 't' is located in the answer.
The remaining letters 'sony' is a valid word which might be clued in a way I don't understand.
This may be the basis of the clue (or it may be nonsense).

'seems' acts as a link.

Can you help me to learn more?

(Other definitions for stony that I've seen before include "Cold, unfeeling" , "penniless" , "Rocky" , "Rock-strewn" , "Heartless" .)

I've seen this clue in the Evening Standard.
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