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."

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

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

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

Just kidding.

Smith is challenging Ferrell, the actor-comedian, to a drum battle.

Check out the Instagram video below: