On April 15, singer Nicki Minaj posted a picture of a new ring on Instagram. Some sources say she is engaged to boyfriend and hip hop artist Meek Mill, while other sources say she’s not. Regardless, I wanted to share this amazing ring, with reports estimating its retail value at $500,000.

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A photo posted by Nicki Minaj (@nickiminaj) on Apr 15, 2015 at 4:13pm PDT

A source confirmed the engagement to E! News: “Both Meek and Nicki have been spending amazing quality time together lately and have gotten extremely close these past few months. It may seem like it all is happening very quickly but Nicki and Meek are in this 100. They truly love each other.”

However, another source reportedly close to Minaj told Urban Islandz, “Meek Mill gave Nicki the ring to show her how much he love her. That ring has a high price tag and she really loves it but it’s not an engagement ring.”

The ring features a large fancy yellow heart shaped diamond surrounded by a diamond double halo. Double halo engagement rings, as well as fancy yellow diamond engagement rings, have become popular among celebrities.

Other celebrities with a fancy yellow diamond engagement ring include Holly Madison, Kelly Clarkson, Carrie Underwood, Brooke Mueller, and Heidi Klum. Celebrities with a double halo engagement ring include Katie Piper, Nia Sanchez, Andi Dorfman, Ashley Tisdale, Jacqui Ainsley, and Jennifer Hudson. The heart shaped diamond is popular among romantics; most recently, this past February, Lady Gaga was given a heart shaped diamond for her engagement ring.

Minaj previously dated Safaree Samuels for years with rumors swirling last year that they were engaged prior to their breakup at the end of the year.

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