"Go [and] jump in the lake" is probably the classical phrase, but it's outdated, and rather lame.
It also depends on exactly what your meaning is. It can be a general insult, indicating that you don't agree with that person's opinion, and you want them to go away.
Generally, some variant with "off" would do.
"Rack off (tame); piss off, bugger off (stronger, mild swearing), f**k off (also generally unacceptable, but less extreme than your example).
Maybe someone who uses these terms more often can suggest some better phrases.
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