On last night's Colbert Report, Stephen unveiled the latest portrait from the Art Stephen Up Challenge to hang above his mantle. More importantly though, in light of the eBay auction offering the identity of Banksy, Stephen announced that he himself is the elusive British street-artist. Well, I guess congratulations are in order, as Exit Through the Gift Shop was nominated for the Best Documentary Oscar this morning. If it wins, Stephen will be 3/4 of the way toward his EGOT. All the more reason for him to star in my planned Broadway musical adaptation of The Fast and the Furious: Tokyo Drift.

You can get a closer look at this week's featured portrait after the jump. And you can view more submissions in The Colbert Portrait Gallery. Meanwhile, why not try your hand at your own submission? Download the original image here, photoshop it and email it here.

The Colbert Report airs Monday through Thursday at 11:30/10:30c.