Used to say that something is over, finished, or has reached its absolute limit. It refers to a legendary home run hit by baseball player Francisco A. Rodriguez, nicknamed Ninin Pescao, against U.S. Marines during the military occupation around 1920. A sign was supposedly placed where the ball landed to mark the end of the play (Dominicans take great pride in their baseball history and resistance to foreign intervention).
I was watching the soap opera and the power inverter broke. Hasta aquí llegó Niní Pecao.