Solution (source code)

= Solution

Yes. Take $G=F_2$. The <free product> satisfies
$$
G*G\cong F_2*F_2\cong F_4.
$$
A connected three-sheeted cover of the two-petal rose has <fundamental group> of rank $1+3(2-1)=4$ by the <Nielsen–Schreier formula>. Thus $F_4$ is isomorphic to an index-three subgroup of $F_2$. A <finite-index subgroup quasi-isometry> then gives
$$
\boxed{F_2\simeq_{\mathrm{qi}}F_4\cong F_2*F_2.}
$$