This is a Hasbro FurReal pony—basically a $270 stuffed animal that wiggles its ears and neighs. Unfortunately for one little boy or girl, it's apparently the sort of toy that gets blown up by confused bomb squads.
Apparently the folks at Waterbridge Elementary School in Orange County dealt with quite a bit of panic after an abandoned FurReal pony was discovered in a cul-de-sac near the school. The school was placed under lockdown, the authorities were called, and the bomb squad arrived to remove the potential threat—by blowing it up. [Arbroath via CublicleBot via Nerd Approved]
Photo via product page.