Is there any Menu Module to show thumb image, content tile when mouse over on menu item
This can be done using Views Module and MaxiMenu.

Edit: you might also need the Menu Views Module and potentially Nice Menus Module to achieve the perfect style you want.

I have not tested this but a Coworker built a client's dropdown menu with images this way, So i know it is possible. I just personally haven't done it =-)

I hope this gets you close!