Professor Halfbrain has recently made a fascinating discovery on quadrilaterals in the plane.
Halfbrain's quadrilateral theorem: Let $ABCD$ be a plane quadrilateral that possesses an incircle and a circumcircle. If the center of the incircle coincides with the center of the circumcircle, then $ABCD$ is a square.
Question: Is this theorem indeed true, or has the professor once again made one of his mathematical blunders?