This one had been cased by UKG however they would not grade it is the baggie does not contain the original rifle (assumed - I have not owned this from new). It is is heat sealed one end and taped the other.
I have done considerable research on this figure and with the help of the lovely people over on the Baggietastic Collecting corner group on Facebook (Shout out to Frank and Mike), they have confirmed this figure was released like this and is legitimate.
The figure and baggie are 100% original and the case sets the figure off really well, just a shame it could not be fully graded.
Variant
Palitoy A Baggie