Make a circular icon with a border swirl using only CSS?

Question

Is it possible to make the icon curl like the image below using only CSS?

The text should remain under the curl and gradient, as shown below, and the text should be accessible.

JS script: http://jsfiddle.net/jitendravyas/vVeME/1/

Answer 1

Ok, this is the best I could do: P

http://jsfiddle.net/ree2Z/

Of course, this will not work on anything other than a white background, but it’s close. Xd