1894 Brewer’s / M / Mike
To loiter. A corruption of miche (to skulk); whence, micher (a thief), and michery (theft). (Old Norse, mak, leisure; Swedish, maka; Saxon, ʹmugan, to creep.) (See Michon.)
“Shall the blessed sun of heaven prove a micher [loiterer]?”—Shakespeare: 1 Henry IV., ii. 4.
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Entry taken from Dictionary of Phrase and Fable, edited by the Rev. E. Cobham Brewer, LL.D. and revised in 1895.