This toy (available in the Atomic Plastic store) seems to be based on the Greenbay Packers’ cheeseheads. Cast from resin, this interesting character (and his Shorty brethren) have been handcrafted by an street artist named Etnik.
Overspray Magazine has some background-worthy photos of Etnik’s graffiti art. His characters have a distinctive style, and his toys are a wonderful translation of that style. Check out his website for some more fantastic photos of his work (link and bonus image after the break).