This is an obscure Tagalog word.
lakáyo
clown
This is from the Spanish word lacayo (meaning: servant/footman or lackey/minion).
KAHULUGAN SA TAGALOG
lakáyo: payáso
payáso: tao na nakadamit na katawatawa at karaniwang lumalabas sa mga karnabal at iba pang tanghalan
spelling variation: lukáyo

