I agree, the plugged exhaust/jets/... would at least run a little off starting fluid with properly timed spark and compression. You dont even have to have a carb for it to run off starting fluid. And the muffler being plugged would run untile it build to much pressure.
You could try to see if you can see a spark while looking down plug hole and seeing if its at/near tdc at spark but you probably will have to pull the flywheel off to make sure the key is ok.