  We report on the first SCUBA detection of a Type 2 QSO at z=3.660 in the
Chandra Deep Field South. This source is X-ray absorbed, shows only narrow
emission lines in the optical spectrum and is detected in the sub-mm: it is the
ideal candidate in an evolution scheme for AGN (e.g. Fabian (1999); Page et al.
(2004)) of an early phase corresponding to the main growth of the host galaxy
and formation of the central black hole. The overall photometry (from the radio
to the X-ray energy band) of this source is well reproduced by the spectral
energy distribution (SED) of NGC 6240, while it is incompatible with the
spectrum of a Type 1 QSO (3C273) or a starburst galaxy (Arp 220). Its sub-mm
(850 \mu m) to X-ray (2 keV) spectral slope (alpha_SX) is close to the
predicted value for a Compton-thick AGN in which only 1% of the nuclear
emission emerges through scattering. Using the observed flux at 850 \mu m we
have derived a SFR=550--680 M$_odot/yr and an estimate of the dust mass,
M$_dust=4.2 10^8 M_odot
