In the picture, which has reportedly been shown to high-level television bosses, the 51-year-old dead superstar is said to be lying on a metal autopsy table, with his eyes wide open and his head shaved.
His makeup has been removed, showing the scars and marks left on his face by numerous cosmetic surgery operations. It is believed that the picture have been taken before medics removed the 'Thriller' star's brain for tests.
A "prominent Los Angeles restaurant owner" got hold of the photograph after a police friend allegedly leaked it to him, it is claimed. And now, the restaurateur is hoping to cash in on the picture, and has even downloaded it onto his BlackBerry to show it to moneymen in a bid to sell exclusive rights for its use.
Media experts valued the picture at up to 2 million dollars. "It would be worth a fortune to whoever first revealed it exclusively to the world," the Daily Star quoted one expert as saying.