Is Jennifer Lopez Wearing a $173,000 Engagement Ring?

Jennifer Lopez and Alex Rodriguez, who have been dating for more than a year, haven’t announced that they’re engaged — but that hasn’t stopped some from speculating. The evidence? An Instagram post from Lopez herself.

On Wednesday, the singer and actress shared photos from her 49th birthday celebration in the Bahamas. She can be seen with Rodriguez, her 10-year-old twins, his two daughters, and most notably, a two-tiered pink cake. Though the cake is adorable, it’s only important because as J-Lo is cutting into it, it’s easy to see something quite flashy on her hand.

The massive ring turns out to be one that Rodriguez reportedly gave Lopez on Valentine’s Day. While she’s certainly worn the $173,000 ring before, that night, she chose to wear it on her wedding finger.

A hint, perhaps?

Maybe; maybe not. Regardless, Lopez’s caption on the Instagram post was nothing but heartwarming. She described the birthday celebration as a “small gathering” with “the kids and some family and a couple of close friends.” Ultimately, the day and night were “filled with lots of laughter, tears and of course dancing,” Lopez wrote.

A-Rod made an Instagram post of his own on the singer and actress’ actual birthday, July 24. “For someone who has been about giving everything she has 365 days a year—to our children, our families, the world—I hope today, we can give you all the happiness you deserve,” Rodriguez wrote, adding that he loves her “mucho.”

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