The story
From penis + fish. * (catfish): From its apocryphal ability to enter the penis. * (worm): From its appearance resembling a human penis.
Etymology from Wiktionary, CC BY-SA 4.0.
Today it means: A candiru, a parasitic catfish of the genus Vandellia, alleged to be able to enter the human urethra. Full definition →
From penis + fish. * (catfish): From its apocryphal ability to enter the penis. * (worm): From its appearance resembling a human penis.
Etymology from Wiktionary, CC BY-SA 4.0.