The king of eating has lost his crown -- at least when it comes to devouring shrimps -- 'cause Joey Chestnut was defeated at a famous seafood ingesting contest this weekend ... his first L at the event in EIGHT YEARS.
Believe it or not, the 39-year-old actually ended up in fourth place at the world-famous St. Elmo shrimp cocktail eating contest in Indianapolis on Saturday, losing to a dude who consumed 16 pounds and 6 ounces of the dish in 8 minutes.
