Could be a minigame in Grim Fandango! Loved the claw, beautifully made. Miss the dangling when it moves and loses the present. Or am I playing it wrong? Well done! It pops out of all the submissions thus far!
I have never heard of the game but from a Google search, it seems pretty good. Nope, you did not miss anything, it's as simple as grab and you shall receive haha. Thank you for your comment, means a lot!