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SHOWTIME SAYS…

I guess Tiny “Zeus”  “Deebo” Lister from the Friday movie franchise won’t be able to be a part of the final installment “Last Friday”

Deebo has agreed to plead guilty to defrauding banks out of over $3 Million.  Lister has agreed to a plea deal that could send him to jail for the next 5 years.

According to the plea agreement — obtained by TMZ — Lister admitted to a diabolical scheme in which he and several individuals conspired to obtain four different mortgages on homes in L.A. using false information and bogus bank statements.

Lister admitted he and his co-conspirators collected mortgages worth $5.7 million — and defaulted on all four … costing the lenders $2.6 million.

He also admitted to withdrawing over $1.1 million in loans using the properties as collateral … which he never paid back. All-in-all Lister has admitted swindling banks out of $3.8 million.

Lister now faces up to 5 years in federal prison. He’s due in court in September.

Any bets on if he will get knocked the f*ck out or not…