Princess Crown is a Japanese Action RPG sidescroller for the Sega Saturn and later on ported to the Sony PSP - I'm guessing the Gradiel papercraft is the protagonist of the game.
I've never actually played this so I'll just thank the sender Millitech, thank you, and send you guys on your way to the link. Btw, this free download has a time limit so get it while you can.
Gradiel - [Via Imperishable Night]