Mmmh, I don't know what to think about this one but I've already heard a similar story on a different aviation forum.
According to that report, the Air Memphis' last 707 SU-AVZ had problems during takeoff from Cairo on the 2nd of April. The message says the plane lost 2 engines and 2 landing gears (which means the plane is a writte-off).
Any further info/confirmation would be appreciated.