What does this look like to you guys - found on the magnet on my oil drain plug

Drained the oil today and found this on the magnet on my oil draing plug. It's very flexible and I have no idea what it might be.

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The only thing i could think of that might be flexible in any way but still be magnetic is a piston ring but that doesn't look like piece of a ring. It can't be aluminum because it's not magnetic. That's a good one :shrug:
 
my guess is sealant of some sort, may have a high metallic content.

when the page first opened I thought you found a ruler in your drainpan :)
 
i highly doubt gnomes put a piece of metal in your oil pan :shrug: . if it were me, i'd definately be worrying. what if the next piece you find jams up your oil pump and seizes it? your engine goes bye bye unless you notice you have 0psi for oil right away!