Saudi Arabia King set to step down and hand over crown to 32-year-old son

The King of Saudi Arabia, King Salman plans to step down and announce his son as his successor next week, reports the DailyMail.com.

According to DailyMail.com who got the exclusive information from a source close to the country's royal family, the move is seen as the final step in 32-year-old Prince Mohammed bin Salman's power grab, which began earlier this month with the arrests of more than 40 princes and government ministers in a corruption probe.

The source also disclosed that King Salman, 81 will continue only as a ceremonial figurehead, handing over official leadership of the country to his son - often referred to as MBS.

Unless something dramatic happens, King Salman will announce the appointment of MBS as King of Saudi Arabia next week,' said the source.

King Salman will play the role of the queen of England. He will only keep the title "Custodian of the Holy Shrines",' the source added.

Mohammed Bin Salman, is currently the crown prince and defense minister.

Salman, who some believe may be suffering from dementia, took the throne in 2015 following the death of his brother Abdullah.

He named Mohammed crown prince in a surprise move in June,  removing nephew Mohammed bin Nayef in what was seen as a major shift.

Prince Mohammed has garnered a reputation for being decisive, as well as impulsive.

At just 32 years old and with little experience in government, he has risen to power in just three years to oversee all major aspects of politics, security and the economy in Saudi Arabia.