In this case the punter did not muff the snap. He caught it had it in his possession and then dropped the ball forward in an attempt to kick it but his drop was off and he whiffed at the ball. All the feedback says that it is a fumble which makes logical sense except for the drop being a deliberate act of "throwing" the ball toward the opponents goal line. I do not think the act fits the rule book definition of a fumble.
Karl
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