The Chilly Owlet is a special limited item (was available from April 13, 2011 until April 21, 2011) that can be obtained by collecting 1 Funny Bunny , 1 Pretty Kitty, and 1 Happy Puppy as part of the Pets Challenge.
It can also be purchased using Cooking Cash (until May 10, 2011).
Effect: Click to animate. Earns 50 coins every minute.
In game description: "The chilly little owl is just too cute to ignore. He'll bound back and forth in owly joy whenever you give him attention! So much so, he'll even drop you a few extra coins he 'somehow' got a hold of... let's not dwell on that, shall we?"