RoboCop

Imaginext bling bag figure shares the look of the RoboCop movie half-policeman/half-robot. The thin eye-slit, rounded chin guard and ribbed abdominal area, definitely make it clear RoboCop was an inspiration for this figure.

The extended shoulder armor, the police badge/shield on his chest, and the complex boots with weapon straps also look like another Future Cop… Judge Dredd.

As to what the translucent helmet spike might be, the best guess is a police light for traffic stops.