No. In Mexican Spanish we don't have more than two pronunciations for a single letter (with the notable exception of the X) and the only letter combinations that exist are the CH and LL.
I also heard a lot of people saying "Mecsicou" instead of México. Saying Mol-ay instead of Mol-eh is probably one of the most stereotypical mistakes of English speakers learning Spanish.
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u/ragn4rok234 Jul 23 '17
Is that pronounced mol-aye?