With Christmas right around the corner, social media has been lighting up with photos of extravagant gifts. But one particular gift is sparking rumors of pending nuptials.

On Wednesday (December 23), Christmas evidently came early for Ari Fletcher who showed off a massive diamond ring gifted to her by Moneybagg Yo. 

Naturally, people jumped to the conclusion the 29-year-old Memphis rapper had popped the question, but the couple didn’t confirm an engagement.

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“I’m still shaking lol,” she captioned an Instagram Story post of the ring. “I love it SOOOOOOOOOO MUCH! I LOVE YOU DADDYYYYYYYYYYYYYY!”

Moneybagg Yo already has a history of showering Fletcher with luxurious items. In July, the Time Served artist bought the social media influencer a customized Lamborghini Uru — which start at $218,000 — to Fletcher’s complete shock.

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“WTFFFFF!!!!!!” she wrote in an Instagram post at the time.  “I CANT FUCKING BELIEVE THIS!!!!!! MY BABY JUST GOT ME A FUCKING LAMB TRUCK!!!!!!!!! BIG DICK ENERGY RICH NIGGA BEHAVIOR!!!!!! I LOVE YOU SO MUCH THANK YOU DADDY!!! @moneybaggyo BEST BIRTHDAY EVER!!! I LAMBOD HER LIFE TOLD HER GET OUT THAT RANGE!!!!!”

The diamond ring follows a string of over-the-top gifts shared on social media. Over the weekend, DaBaby bought himself a brand new Mercedes Maybach and a vintage muscle car, while his girlfriend DaniLeigh celebrated her birthday with a red Lamborghini. Meanwhile, Quavo copped his girlfriend Saweetie a $200,000 Bentley.