We report on the detection of an ~5900 s quasi-periodic variation in the extensive photometry of TX Col spanning 12 years. We discuss five different models to explain this period. We favour a mechanism where the quasi-periodic variation results from the beating of the Keplerian frequency of the `blobs orbiting in the outer accretion disc with the spin frequency, and from modulated accretion of these `blobs taking place in a shocked region near the disc/magnetosphere boundary.