Seems like a really old theory. Seeing how most of the stuff that's been speculated in it has already been disproved in the manga. Really dumb theory to. Honestly the best naruto fan theory I've ever seen was the one about the uchila clan/tengu connection.

I'm pretty sure it's here somewhere if you search for it on the open discussion thread, but honestly I'm surprised none of the mods have locked this down.