By your statement, "the back wheel won't spin at all", do you mean that it is "locked up" and won't turn at all, even when just trying to push the bike, or do you mean that it won't turn when running the engine and placing the bike into gear and letting out the clutch ? It may be that the ring gear has broken, which could jam the rear wheel sold, and which might be rather dramatic if it happened under power. If the wheel isn't locked, but won't turn by engine power, it could be a failure in the final drive or at a couple placed
along the driveshaft, though I am not as familiar with the K-bike swingarms and driveshafts..