As Page Six reports, the Good American co-founder has been photographed wearing a huge diamond sparkler on her left ring finger. The eye-catching piece of jewelry was clearly visible as Khloe Kardashian enjoyed an afternoon with little True in Boston, where the two ladies are reportedly planning to spend the holidays with Thompson. A bridal diamond expert estimated the ring to be worth at least $1 million. Likewise, James Allen's director of communications Shannon Delaney-Ron advised, of the ring's unusual design, "Three-stone rings represent past, present and future."

Therefore, "If this is an engagement ring, it's a beautiful representation of their relationship and future together." However, according to the Daily Mail, the ring is definitely not what fans are thinking. An insider confirmed Kardashian and Thompson are not engaged, but there's no word yet on whether the rock was an early Christmas gift for the busy mother, which seems likely considering how hard her baby daddy has been working to make things right.