Beware the Bearsharktopus

Just when you thought it was safe to go back in the water: the BEARSHARKTOPUS!

Bearsharktopus

(Thanks, Fipi Lele!)

Update: From the comments —

Dean Putney, September 22, 2009 7:01 AM

Bearsharktopus is from this thread over at Reddit. The second top level comment has the original poster's octopus arm addition.