The official version that I have seen mentions him being killed by a bandit after the battle of Yamazaki but there is another theory suggesting that he managed to live on for much longer by being disguised as a monk, named "Tenkai". As a fun fact The video game Nioh 2 seems to follow this rumor.
Unless all our sources are wrong, impossible. There is absolutely no evidence for this that is not either made up or incredibly circumstantial. The story is only pushed in fiction and by conspiracy theory authors (just like the story that Uesugi Kenshin's a girl). Even the self-proclaimed Mitsuhide's descendent argues against it. And he goes around trying to convince people that it was Tokugawa Ieyasu who plotted to kill Nobunaga.
Not only are there no evidence for the story, there's two strong evidence against: