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Is it possible to shutdown the mysql daemon from sqlyog
No!
I suggest you get “MySQL Administrator” from http://www.mysql.com. The main scope of this program is administration of the server environment. It will also install an icon in system tray from where to start and stop MySQL server with a single click.
SQLyog and MySQL Administrator are for me to two most basic mySQL tools. There is a little overlapping in functionality, but they basically supplement one another in that way that Administrator is for adminstration of the server environment itself, SQLyog is for administration of the databases and the data. Or at least that is how I use them.