But for many Thais - maybe most - Thaksin isn't a villain. He's still their hero.
When Al Jazeera's David Hawkins travelled to Thaksin's political heartland in Thailand's north to see how much support remains for the former prime minister amongst the rural poor who voted him into power, the results were surprising.
Khankaew Wutisin, a fruit vendor said: "I'm a poor person. Thaksin made us feel important, like we had a voice."
Saenjan Wora-on, a shopper, said: "The good thing about Thaksin was he helped people. He gave us a healthcare scheme. He paid Thailand's national debt. No one else can do the things that he did."
|"I want him to come back [and] I don't think this government will be around long"|
Tong Panchompu, trishaw driver in Thailand
Tong Panchompu, a trishaw driver, said: "I want him to come back. I don't think this government will be around long."
Thaksin is especially popular in Chiang Mai. After all, it's his hometown. But he won two national elections, both times by a landslide.
For sign painter Charin Jompo those were good times - the martial law imposed by the army has hurt business, he says.
Jompo said: "We don't do any political work anymore. We'd get into trouble."
He's thrown away all his pro-Thaksin banners, but the ex-prime minister's picture still hangs on the wall.
"We've had more than 20 prime ministers, but no one made a difference like Thaksin", Jompo said.
But Thaksin's detractors say he's still a corrupt and conniving political opportunist.
Panitan Wannatayagorn, a political analyst, said: "Hitler was popular, you know. Mussolini was popular. Marcos was popular, you know. Fidel Castro was popular - is popular still today. Some of these people are good. Some are not good. Thaksin is essentially falling into that category."
|Thailand's poor support Thaksin for his|
healthcare reforms [Al Jazeera]
There are 23 ongoing investigations into the alleged corruption of Thaksin's government, but so far he hasn't been charged with anything.
Even though Thaksin says he isn't planning a comeback, hardly anyone in Thailand believes him.
And perhaps they're right. Since the coup, Thaksin's managed to stay in the media's spotlight and keep everyone guessing about his intentions.
In an interview with Al Jazeera, Thaksin said he would still be prepared to help the country's army chiefs restore democracy.
Thaksin said: "They have to return power back to the people. They cannot hold power forever.... This is the first time they have staged a coup against a popular government.
"So if you stage a coup against a popular government you don't have to waste the time to justify the coup but you should take the time to reconciliate the difference of people of the two sides."
In the Ramakien story, the king's army wins in the end, defeating the Tosakanth, the evil demon.
But the Thaksin Shinawatra story isn't over yet. Thailand's former prime minister might still make monkeys out of the generals who threw him out of office.