Cryptic crossword clue
Give up gold points in panic 8

The most common and most likely answer to this crossword clue is the 8 letter word FORSWEAR

I've seen this crossword clue in The Times
F
O
R
S
W
E
A
R

Buddy explains!

The straight part
We know that "Give up" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case give up = forswear.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does FORSWEAR mean?

FORSWEAR verb
  1. To renounce or deny something, especially under oath.
  2. To commit perjury; to break an oath.

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