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There is an event like this actually. Only for taking power from an heir though.
 
From what I can see, that only applies to non-Consort regency councils, and produces a 0/0/0 ruler (and also has really strict conditions).

I have no idea where you found an event set to create a 0/0/0 ruler but the event you should be looking for is consort_events.308 and 309. They turn the consort into a ruler directly, as long as the heir is bad and the Consort better. :)