The mummy was found when a black market dealer of antiques was caught trying to sell it after stealing it from a Buddhist temple.
Forensic teams are investigating the well preserved remains, found wrapped in cattle skins, which are believed to be of the teacher of Lama Dashi- Dorzho Itigilov, who was also found mummified in Buryatia, Soviet Union.
Dr Barry Kerzin, who is a physician to Tibetan spiritual leader, the Dalai Lama, spoke to the Siberian Times and said that the monk was in an extraordinary state of meditation called “tukdam”.
“If the meditator can continue to stay in this meditative state, he can become a Buddha,” said Dr Kerzin.
It is said that in 1927 Itigilov told his students he was about to die and that they should unearth his body 30 years later.
The lama sat in the lotus position, began meditating and died.
When he was dug up years later his body was still preserved.
Fearing unrest by the Soviet authorities, his followers reburied him and he remained there until 2002 when he was again dug up and found still well preserved.
The lama was then placed in a Buddhist temple to be worshipped for eternity until the thief stole it to be sold in black market.