Hello,
If you are referring to the foreskin of the penis, it is normal for the skin to be wrinkled
especially where the foreskin covering the glans joins the rest of the penis.The
wrinkles on the foreskin are there so as
to facilitate the penis movement when erect.
But if the glans is wrinkled,then it can be due to some medical condition.Also use of lubricant jellies cannot cause sudden winkling of penis but it can cause contact dermatitis which can result in redness of the skin of the penis.