CERRO AZUL, Panama -

It looks a bit like a small, portly alien from the movie "E.T." or Gollum's long-lost cousin, but officials haven't the slightest idea what a creature found just east of Panama City really is.

The creature was first found by four teenagers playing near a creek in the community of Cerro Azul.

According to a local TV station, Telemetro, the teenagers spotted the creature crawling out from a cave. They said it started moving toward them. Fearing for their safety, they pelted the beast with sticks and rocks.

After the barrage killed the creature, the teenagers tossed its lifeless body into the water. But they later returned to take pictures of their strange find.

Zoologists in Panama said they're not sure what the creature is, but said it resembles a dead fetus.

As soon as video of the monstrous creature was released, speculations began swirling. People said it was everything from an alien to a monster and an albino hairless sloth.

There has been no word on whether investigators will perform a DNA test on the creature to determine what exactly it is.