There is a way to pull it off, but they would have to reach further back into Taker's history than they normally do to do so.
The only way to do it is with the Urn. If they somehow had a wrestler, a heel, gain possession of it, that heel could use Taker to do their bidding.
The wrestler would have to be someone believable, someone that has decent mic skills, and the ability to parlay Taker's history into a modern storyline.
That person of course is Ted Dibiase. With his recent losses and upcoming loss in a feud with Rhodes. Take him off television for a few months. Have vignettes played every couple of weeks of Ted talking to his father about how to get to the top.
After a couple failed suggestions by his father such as getting a Virgil, using a giant, starting back up Money Inc, etc; have his father in desperation say that there is only one option left. If it works, Ted will end up on top of the business, but if it fails he will most likely be destroyed. Ted says he'd do anything to be on top. The camera shows his father pale and shaking his head.
The next vignette shows his father presenting Ted with a long golden chain. He tells him that he kept the real one all those years ago and the one that was lost was a fake. He then goes on to tell him that it's the reason why the other one couldn't keep him under control. (notice no name dropping)
The last vignette has Ted and his father in a graveyard at night. His father points out a specific plot to Ted and says something like "There is where I found him, now are you sure you really want to do this?" At which point, Ted replies, "I don't have any other choice." Ted takes the chain and raises it above his head, a lightning bolt strikes the tombstone and a hand raises through the dirt.
Ted returns to wrestling, with his father serving as his manager, his father wears the chain around his neck during matches and hands it back to Ted at the end of matches. For the first month or so, Ted either wins cleanly or by help from his father. Then during a match with a upper-card star (Cena, Orton, Punk, etc), nothing his father does really helps, so his father takes off the chain and raises it above his head. The lights go out for a few moments, when they come back on, Ted is on top of the opponent and gets the win.
This pattern goes for a few months, the arena going dark on only a few matches when it is really needed. Since coming back, Ted hasn't lost a single match.
Finally Ted gets a title shot after winning a #1 contenders match after the lights go out. The champion, probably Cena, figuring out what has been going on, gets the match made into a lumberjack match to prevent any outside interference and gets his father banned from ringside. The lumberjacks are made up of mid-level faces and only faces. Ted and the champ have a grueling match, Ted actually looking like a contender through it all. Towards the end, the champ gains the upperhand, as he hits his finisher, Ted's father comes out on top of the ramp and while doing his trademark maniacal laugh holds up the chain. The lights go out as the champ is covering Ted and stay out longer than normal. Sounds of a struggle are heard in the arena, several times however, the lights flicker really dim and it shows a large dark figure in the midst of the lumberjacks. Lights come back on and Ted is on top of the champ for the win.
The next night, on Raw, at the end of the broadcast, Ted and his father are in the ring doing the traditional heel ceremony. As they are celebrating, the former champ comes out and says he's sick and tired of the lights going out, the cheating, etc, etc. However, he's talked to the boys in the back and it ends tonight.
Most, if not all, the faces on both rosters head down and circle the ring. The entire time, Ted and his father have huge grins on their faces. As the first face climbs up onto the apron, Ted raises the chain over his head and the lights go out. Instead of coming on suddenly, like had been the pattern, they come back on slowly show Taker standing in the middle of the ring doing his traditional end of entrance movement.
Not to be deterred, the faces rush the ring any way, and Taker annihilates everyone of them. Ted nor his father lifts a finger to fight. Raw goes off the air with Taker kneeling before Ted while all the faces are laying around the ring and ringside area.
Months go by, Ted, with his father and Taker, wins every match. Because the lights go out, the refs cannot dq Ted when Taker is needed to interfere. Every match ends with Ted being presented the chain by his father, the belt by the ref, and Taker kneeling before him.
Taker is also used in squash matches to destroy any real threat to Ted's title. Even Cena/Orton/etc are no match for Taker.
After one match, a particularly grueling match, as Ted is being handed the chain, it slips out of his hands. As it hits the ground, Taker grabs Ted's father around the throat, Ted hastens to pick it up and Taker goes back to kneeling before him.
The next week, Ted and his father are shown backstage arguing. His father says a mistake like that cannot happen again, if it does, it will be the end to both of them. He goes onto say, that the only way to prevent that from happening, is to restore "it" to "its" original form.
The next week, instead of a chain accompanying Ted and his father, his father is holding an urn.
This entire period of time, since his return, Taker would have been getting boos. He would have been a heel.
When the storyline progresses, a wrestler ends up knocking Ted's father down in the middle of a match, Taker gets back possession of the real urn, and ends up feuding with Ted and his father at survivor series. However, once he ends up destroying Ted, Taker stays on his current path of destroying all that come against him. It finally ends up with Cena (of course SuperCena, who else) facing him one on one at Mania. At the end of the match, the ref gets knocked down. Cena gets a hold of the urn and bashes Taker in the head with it. Covers, ref revives. 3 count. Cena places the urn on top of Taker's chest and walks away in disgust. The lights go out, then a small fire is shown burning in the ring. The urn is on fire, when the lights come on, all that is shown in the middle of the ring is a pile of ashes and thus ends the career of the Deadman.
