Something tells us PETA won't be happy with this one -- WWE superstar Titus O'Neil spent a a few Benjamins Friday in New Orleans ... on a belt made from exotic crocodile carcass.
O'Neil hit up Torino Leather in New Orleans this week and bought a belt fashioned out of South African hornback crocodile skin ... it was made on the spot -- and cost $500 bucks.
The owner of the shop (above) says Titus also bought a leather belt in Lakers colors for $100 -- and employees in the store went crazy when the wrestler breezed in.
MILLIONS OF DOLLARS! MILLIONS OF DOLLARS!
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