Why do people think they are talking about Jiraiya?
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"Even if you [Itachi] might be able to take him [Naruto] on, I'm [Kisame] not so sure about me [Kisame].." -- Kisame
"Yeah, if we [Itachi and Naruto] faced off, we [Itachi and Naruto] might end up killing eachother. At the very least we [Itachi and Naruto] would hurt eachother [Itachi and Naruto] badly. Even if I [Itachi] had more back-up, it probably wouldn't change the outcome." -- Itachi
"It was great finally finding him [Naruto] at the ramen shop but, (now he starts talking about Jiraiya, so before he was talking about Naruto) his babysitter [Jiraiya] was one of the Three Great Shinobi of Konoha Legend. With him [Jiraiya] as our enemy, even the titles Konoha's Uchiha clan and 7 Swordsmen of the Mist pales in comparison (reputation wise)." -- Kisame
"Yeah however...even the strongest heros [Jiraiya] have their weaknessess [women]." -- Itachi
Notice how Itachi is not saying that Jiraiya could beat him in the last quote, but in Itachi's first quote he thought he was going to die or get injured. They are afraid of Kurama which is inside Naruto.