Conspiracy theorists, you've just earned one point in the win column. It's been debated for years that comedy legend Will Ferrell is actually Red Hot Chili Peppers drummer Chad Smith. Such claims have been labeled as ludicrous, but surprisingly enough, the actor known as Will Ferrell has just come out admitting that he is, in fact, Chad Smith.

Will Ferrell let the cat out of the bag during a Reddit 'Ask Me Anything' (AMA) session. "It has been acknowledged many times that myself and Chad Smith, drummer for the Red Hot Chili Peppers, share a resemblance to each other," Ferrell began. "A lot of people think that it's me playing for the Red Hot Chili Peppers. But that would be an insult to Chad Smith. The truth of the matter is there is no Will Ferrell. Only Chad Smith."

We should have known this for a fact when Chad Smith dressed up as Ferrell's Ricky Bobby character from 'Talladega Nights' on Halloween 2006, sporting a Wonder Bread NASCAR uniform.

For those of you out there who don't believe that the "real" Will Farrell was actually taking part in the AMA session, the actor brought the message home with a video confessional:

We'd like to congratulate Chad Smith on his Super Bowl performance this year, along with the massive success of 'Anchorman 2.'

But, wait there's more! A man appearing to be the real Chad Smith apparently is under the impression that the he and Will Ferrell are two different people, even challenging the actor-comedian to a drum battle. Check out the Instagram video below: