Bingowings said:
I'm not sure but if you listen to the sound of the cords breaking as the rope bridge in Temple Of Doom breaks and imagine it distorted you might have something similar.
It certainly has a stringy twang to it.
Yeah, I think it sounds stringy too. I know it has something rubbery in there as well. I also won't shoot down the possibility of it being a slowed down track of a balloon being popped.