The latest on the Britney-Kevin divorce is that the wannabe rapper is so angry with the pop star for being dumped in such an unceremonious manner that he plans to sell the raunchy video tape the two shot while in their honeymoon.

The existence of said video has been rumored ever since 2005, but it was never revealed to the public. Now, 'News of the World' reports that Kevin Federline wants to sell it, get a lot of money on it and, at the same time, get back at the one who will soon become his former wife.

According to the tabloid, the tape was shot over a period of two weeks, when the two lovers rented a bungalow in Beverly Hills and spent the entire time having sex in front of the camera and playing chess. 'At the time, the two of them were in the honeymoon stages of the relationship and couldn't keep their hands off each other. They did nothing all day but have sex - and play the odd game of chess. They were insatiable and they believed they would be together forever', an unnamed source told 'News of the World'.

Apparently, Britney had nothing against being filmed while having sex, as she was too in love and too naïve to believe that Kevin would ever sell the four-hour long video. Now that she got word that K-Fed is trying to get back at her and to make a few bucks for rainy days on the side, the pop princess is said to be fuming mad and desperate to stop him from going on with his plan.

'Now this video could prove costly to her. Millions of people will be prepared to pay to watch. Kevin has told Britney she should comply with his demands, otherwise the whole world will see her having sex, which will be devastating', the tab writes, referring to the music comeback for which Spears is now preparing.

The same source claims Federline was already offered almost $54 million for the video, an offer he turned down because he wants his money to come from Britney. Besides, it seems that he's also asking full custody of their two children in return for the tape, with him being its rightful owner.

'The vid is dynamite and Kev knows it' was how the tabloid concluded the article. Just how much truth lies behind it, the world will see soon enough. Useless to say, people are more than willing to pay good money to watch the sex tape so, if K-Fed really has it... Brit's in big trouble. We'll keep you posted.