Toy found in swag we got back (6)
I believe the answer is:
gewgaw
'toy' is the definition.
(thesaurus)
'in swag we got back' is the wordplay.
'in' says the answer is hidden in the clue.
'back' says the letters should be written in reverse.
'wagweg' can be found hidden inside 'swag we got'.
'wagweg' backwards is 'GEWGAW'.
'found' is the link.
(Other definitions for gewgaw that I've seen before include "Worthless showy ornament" , "Showy but valueless ornament" , "Bauble" , "A trinket, showy but useless" , "Showy, worthless trinket" .)