I have a similar problem and had explained it in an ealier thread I started <https://discussions.apple.com/thread/4582326>, to which there have been no replies. In my case I am able to remove the extra (data) volume from the Favorites section, but it returns every every time any volume is mounted -- whether connecting an external disk, opening a DMG, restarting the Mac.
I can add a bit to my earlier description. I had said the problem didn't occur in a new user account. Well, after using the new account for a while, it showed up. Eventually I erased the startup volume and installed Mountain Lion (plus updates to 10.8.2) fresh. I used migration assistant to transfer only my old user, pared down applications, and network settings -- no preferences, application support stuff. The old user carried over the problem. But I immediately created a new user and have been working from it for the past two weeks, very gradually opening apps, adjusting settings, etc., and testing for the anomaly at each change. In some cases I did move preferences from a backup clone, but was always careful to test after each addition. All was well for a week, until one morning I noticed the data partition had appeared in sidebar Favorites. So I'm back to where I was. I had been documenting each change or introduction I made. The only things my notes said from the day before the sidebar anomaly appeared was launching and struggling to activate QuarkXPress 9.3, and copying over my old prefs and settings for TextWrangler. I completely removed every trace of QXP, but the problem remained. (I did not remove TextWrangler because I just can't believe it could be the culprit -- but could it?)
I really wish one of the Forum experts could offer some help.
MacBook Pro 2.5 GHz Intel Core i7 (late 2011); 8 GB memory; OS 10.8.2