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[center:34d9715f21] Welcome to AA, Aquarium_Lover!! [/center:34d9715f21]
I have never done it, but you may want to check in the DIY forum. I know there is special paint you need to use and you should take into consideration what the figurine is made from. Make sure it is aquarium safe and won't leach out anything harmful to the tank
ditto to what jratuszn said. however, the cost might not be worth the trouble unless you are really really really set on putting this thing into the aquarium.