Like other answerers, I'd definitely prefer to put the loops in a different method, at which point you can just return to stop iterating completely. This answer just shows how the requirements in the question can be met.

You can use break with a label for the outer loop. For example:

public class Test {
    public static void main(String[] args) {
        outerloop:
        for (int i=0; i < 5; i++) {
            for (int j=0; j < 5; j++) {
                if (i * j > 6) {
                    System.out.println("Breaking");
                    break outerloop;
                }
                System.out.println(i + " " + j);
            }
        }
        System.out.println("Done");
    }
}

This prints:

0 0
0 1
0 2
0 3
0 4
1 0
1 1
1 2
1 3
1 4
2 0
2 1
2 2
2 3
Breaking
Done