Less than three months after rumors started swirling that Mary-Kate Olsen was spotted shopping for an engagement ring, the 27-year-old designer seems to have received the rock of her dreams! According to the Us Weekly, MK’s 44-year-old boyfriend, Olivier Sarkozy, popped the question sometime in February.

As Page Six previously reported, “Mary-Kate ha[d] been seen several times checking out huge engagement rings at the Neil Lane jewelry store.” According to the source, the fashionista had a tendency to gravitate toward cushion-cut diamonds that were over five carats. She also “looked at platinum-setting rings and paid no mind to a budget.”

While neither Mary-Kate nor her French banker beau have confirmed the engagement, the former child star isn’t doing anything to stop the gossip from spreading. As a matter of fact, MK was photographed out in NYC on Monday, March 3, wearing a massive gold and diamond ring on a very suspicious finger.

Whether or not the engagement rumors are true, there’s no denying that MK and Olivier are serious about their relationship. The duo first stepped out as a couple in the spring of 2012, and moved into an NYC townhouse together just a few months later. Should Mary-Kate and Olivier actually tie the knot, the 27-year-old would become the stepmom to his children from his previous marriage, Julien, 12, and Margo, 10.

What do you think? Is this Mary-Kate’s engagement ring, or just another piece of her statement-making jewelry collection.