I'm sorry to disappoint you but it doesn't even resemble a word. You just listed a few consonants (not a single vowel in between!), something like BVT'CHLP, and in Russian it has as little sense as in English. The description is detailed and well thought of, but it doesn't really help, because all these "backward things" could be anything depending on the script used.

Please post a scan or take a photo of whatever has that engraving so we could help.

EDIT:
What confused my is the letter that resemble a capital Y. On the Pot this is a Capital Y that is written like a small case y in capital form. The bottom of the y turns back to the left slightly.
The only thing that seems clear to me is letter "У" (pronounced as "oo" in "book"). So there's a vowel after all.

AGAIN, POST A PHOTO. I'm intrigued.