Scott Mardis sent this in to me a while back and said it was "Rumoured to be a missing photo out of the 1975 set of underwater photos taken at Loch Ness by Dr Rhines". I told him I had seen the photo before but had heard nothing definite about it, and I assumed it could be a more recent fake using a small toy dinosaur. At this point, thats about what I know about this one.
I have subsequently been informed (By Scott Mardis) that this photo is a fake and Dr Rhines is quite upset about it, and he wants to have the photo pulled. If he does wish to have it pulled he may contact me about it: I am not in any position to contact him about it. However, just saying that Dr Rhines declares this to be a fake ands it is in no way associated with him should be enough.