The curious time lags of PG 1244+026: Discovery of the iron K reverberation lag

High-frequency iron K reverberation lags, where the red wing of the line responds before the line centroid, are a robust signature of relativistic reflection off the inner accretion disc. In this letter, we report the discovery of the Fe K lag in PG 1244+026 from ~120 ks of data (1 orbit of the XMM-Newton telescope). The amplitude of the lag with respect to the continuum is 1000 s at a frequency of ~1e-4 Hz. We also find a possible frequency-dependence of the line: as we probe higher frequencies (i.e. shorter timescales from a smaller emitting region) the Fe K lag peaks at the red wing of the line, while at lower frequencies (from a larger emitting region) we see the dominant reflection lag from the rest frame line centroid. The mean energy spectrum shows a strong soft excess, though interestingly, there is no indication of a soft lag. Given that this source has radio emission and it has little reported correlated variability between the soft excess and the hard band, we explore one possible explanation in which the soft excess in this source is dominated by the steep power-law like emission from a jet, and that a corona (or base of the jet) irradiates the inner accretion disc, creating the blurred reflection features evident in the spectrum and the lag. General Relativistic ray-tracing models fit the Fe K lag well, with the best-fit giving a compact X-ray source at a height of 5 gravitational radii and a black hole mass of 1.3e7 Msun.