Credit: Instagram

We already know they're expecting a little one. So, did Kanye West pop the question the Kim Kardashian?

Not exactly. However, she is rocking a new ring that's all about her baby daddy. After posting this photo on Instagram with the caption "Kw", rumors began to run wild that Kanye proposed to the reality star.

While we're used to seeing pics of Kim's amazing manicures, this one showed off a new gold ring. Matching her KW earrings she showed off previously on Instagram, the ring also includes the initials of her main squeeze.

So, is this in place of a diamond? Well we're not sure about that. However, maybe we could find out if they show up at the Grammys this weekend.

Source: Instagram