Elvis is a wheelie.

AFTER years of speculation, the truth can finally be told: Elvis Presley not only faked his death in 1977, he’s alive today. The amateur, black-and-white snapshot taken by a tourist on August 31 clearly shows the aging superstar resting in a wheelchair on the grounds of his Graceland mansion in Memphis, Tenn.

And while nobody can say for sure if The King is back at Graceland to stay, Presley insiders hint that the 68-year-old legend could go public at any minute if he gets an indication that fans still care.

“I’m not saying Elvis is alive, but I’ve always suspected it,” says a close friend who was a member of the great singer’s “Memphis Mafia.” “If that picture of him in the wheelchair is authentic, and it sure looks to me like it is, then you can bet Elvis set the whole thing up to gauge public opinion.”

“What’s really intriguing me about that picture is the wheelchair. It could mean he’s had a stroke and lost the use of his legs, or perhaps he has an unsteady gait. Then again, he might be using a prop to generate interest among fans.”

Photo analysts commissioned by Weekly World News say the photograph, taken by a 53-year-old woman who says she sneaked onto the grounds of Graceland through an unlocked gate after it had closed for the day, has not been altered or retouched.

And while they can’t say for sure whether the senior citizen in the wheelchair is Elvis or a mere look-alike, a nationally known aging expert says with 98 percent certainty: It is The King.

“Judging from my analysis of blowups, the man is Elvis or, if not Elvis, someone who aged exactly as our computer models say Elvis would have aged — which is a virtual impossibility,” says Phil Telers of Washington, who has worked with police departments nationwide to “age” abducted children in computer models.

Mourners who said Presley was sweating profusely as he lay in his open casket before his funeral fueled persistent and compelling rumors that he was alive.

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