I post this every once and while in the hope that somebody here will know something.
All I know is that this toy is from France, and that there was a dragon as well (which my dog chewed up and ruined years ago).
I have no idea why it rotated...
If it's made from heavy rubber then I'd say it looks like some tchotchke crap that was sold at gift shops.
Looks like it's from Viva Pinata
I wish I could help you P, but I can't.
However I CAN say I had something very similar in years past, but I have no idea what it was or where it came from.
Hope you can find some info.
>>6125397
I feel like its from some rare figures of The Beatles, like the band. I've seen them come with scary, little monster guys which I'm guessing are from their drug trips.
>>6131076
You're probably thinking of those old MacFarlane Yellow Submarine figures. I did find some statueshit with an oddly similar creature when I was looking for them on Google Images.