Could it be off a Panda30?--they are basically the same engine as a 652cc 126, but run in the opposite direction.
My 1975 500R has that plastic centrifugal cover as well. Everything else on the engine seems to be original so I'm guessing the cover is too?
The bit that caught the guy who tried to fix it apart from some major mistakes and shoddy work missed the fact that they used 500 conrods with the single oil squirt jet up to the Pistons.