A large, rare and gay animal, nobody knows where the molooly comes from but scientists believe the molooly comes from an egg as it resembles the shape of its body. Because of its homosexual nature there are still debates over how it breeds. Molooly is often used to describe something that is grotesque/obese/homosexual or egg shaped.
Have you put on weight? You look like a molooly!
Your dog humped my leg; I think it is a bit of a malooly (GAY)