Nicki Minaj Sports $500K Diamond Ring. Reportedly Engaged To Meek Mill

Pic After inside

Meek Mill and Nicki Minaj are one step closer to tying the knot, according to E! News.

"Both Meek and Nicki have been spending amazing quality time together lately and have gotten extremely close these past few months," an inside source told E! News. "It may seem like it all is happening very quickly but Nicki and Meek are in this 100. They truly love each other."

Nicki posted a photo of herself wearing a 15-carat diamond engagement ring on Instagram.

"This looks like a 15-carat fancy yellow heart modified brilliant cut diamond mounted in platinum with a double halo of white pavé diamonds," Morgan Shara of MASbisjoux jewelry told E! News. "This would retail for approximately $500,000. Looks like the natural fancy colored diamond trend that is continuing full steam ahead."