The 32-year-old star fueled engagement rumors this week by posting an Instagram photo of herself and boyfriend Meek Mill, where she's seen sporting a ring on that finger.
She later seemed to confirm the happy news by sharing a close-up snapshot of her massive 15-carat engagement ring. In the pic, the "Anaconda" rapper is rocking a heart-shaped canary yellow diamond surrounded by platinum and white pavé diamonds.
While Nicki hasn't flat out said they're engaged yet, a source told E! News that Meek did pop the question. The rock is estimated to cost around $500,000.
"Both Meek and Nicki have been spending amazing quality time together lately and have gotten extremely close these past few months," the insider said. "It may seem like it all is happening very quickly but Nicki and Meek are in this 100. They truly love each other."
What do you think of that sparkler? Sound off below!