According to media reports, Mariah Carey and Nick Cannon are engaged. The 38-year-old singer has been spotted rocking a huge rock on her ring finger, which was allegedly a gift from the 27-year-old actor/rapper. A source close to Carey claims the "gift" is more than a friendship ring, and is in fact an engagement ring. The diva was married to music mogul Tommy Mottola from 1993 to 1998. Cannon was engaged to Victoria's Secret model Selita Ebanks, but the couple called off the engagement in October 2007.

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