'Dolly is sure to be mortified over the racy photos!' a source explosively tells GLOBE. 'She'll do anything to protect her image, and her blackmailers are confident that she'll pay to keep the pictures from being leaked.'
The source adds: 'They've been shopping these pictures, but whatever offer they get, they're just going to end up going to Dolly herself to offer her the chance to buy them up - as long as she pays the highest price.'
'They know how horrified Dolly will be and how she'd do anything to protect her image and dignity, so even though they are teasing them, it's unlikely the images will ever surface.'
GLOBE claims to have seen the scandalous images, and reportedly verifies they depict the blonde bombshell.
'Dolly and her lover took the topless images when they were playing around,' a source outrageously claims.
The country singer was thirty-something and happily married to husband Carl Dean.
Parton is yet to respond to GLOBE's shocking claims.