No estaba el horno para bollos

No estaba el horno para bollos
 

This phrase is followed by "ni los rabanitos para sutiladades"

This first part of the phrase is easy. It doesn't mix well or its a misfit. The
rabanitos part is what I dont understand. Has anyone ever heard these
phrases before?

I have never heard the second part, Poli, but as far as I know the first one means that the situation is heated and you must be careful what you say not to make things worse.(This is not the right moment to...)
Example situation:
The parents are fighting and the brother says to the sister:' Don't tell Dad now that you went to the disco yesterday or he'll go ballistic.'