  Recently the Belle collaboration has discovered a narrow $S=-3$ baryon, the
$\Omega(2012)$. We explore the possibility that the $\Omega(2012)$ is a
$\Xi(1530)\,\bar K$ molecule, where the binding mechanism is the coupled
channel dynamics with the $\Omega\,\eta$ channel. The characteristic signature
of a molecular $\Omega(2012)$ will be its decay into the three body channel
$\Xi \pi \bar{K}$, for which we expect a partial decay width of $2-3\,{\rm
MeV}$. The partial decay width into the $\Xi \bar{K}$ channel should lie in the
range of $1-11\,{\rm MeV}$, a figure compatible with experiment and which we
have deduced from the assumption that the coupling involved in this decay is of
natural size. For comparison purposes the decay of a purely compact
$\Omega(2012)$ into the $\Xi \bar{K}$ and $\Xi \pi \bar{K}$ channels is of the
same order of magnitude as and one order of magnitude smaller than in the
molecular scenario, respectively. This comparison indicates that the current
experimental information is insufficient to distinguish between a compact and a
molecular $\Omega(2012)$ and further experiments will be required to determine
its nature. A molecular $\Omega(2012)$ will also imply the existence of two-
and three-body molecular partners. The two-body partners comprise two $\Lambda$
hyperons located at $1740$ and $1950\,{\rm MeV}$ respectively, the first of
which might correspond to the $\Lambda(1800)$ while the second to the
$\Lambda(2000)$ or the $\Lambda(2050)$. The three-body partners include a
$\Xi(1530) K\bar{K}$ and a $\Xi(1530) \eta \bar{K}$ molecule, with masses of $M
= 2385-2445\,{\rm MeV}$ and $M = 2434-2503\,{\rm MeV}$ respectively. We might
be tempted to identify the first with the $\Xi(2370)$ and the latter with the
$\Omega(2470)$ listed in the PDG.
