I have a Touran that suddently started making a siren noise (dentists drill to more exact) and it turned out to be the bearings in the turbo charger. You will need a new or reconditioned turbo. Cost of a new one ifrom a VW dealer is around £1200 excluding labour etc. You can get yours reconditioned for a round £700 including fitting from a turbo repair specialist. If you carry on driving it the bearing seals will go and you will end up with all your engine oil being sucked out of your engine in the blink of an eye - mechanical armageddon!!
stephen Wlaters, May 2008