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Liam Hemsworth proposed to Miley Cyrus with a 3.5 carat diamond ring

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News broke this morning that Miley Cyrus (aka Hannah Montana) and longtime boyfriend Liam Hemsworth ("The Hunger Games") are engaged. The couple have been dating on-and-off for three years, after they met filming "The Last Song".

Hemsworth, 22, proposed with a Neil Lane ring that he helped design. Lane talked to People, giving them the scoop on the ring, saying that Hemsworth wanted "something unusual".

The 3.5 carat diamond is unusual. The large stone is actually an antique that Lane says was hand-cut around 1880 or 1890, meaning it's truly an original. The stone is cushion cut, set in 18-karat gold "with intricately carved diamond floral motifs in an art nouveau pattern:.

The ring was finished last week, just in time for the May 31st proposal.

The couple have been rumored to be engaged a few times before, before this is the real deal. Miley posted a message to her Twitter page earlier today:

Thank you for all the love today. I’m happy to share this news with you all. I feel like all my dreams are coming true.

You can get more details on the engagement in the issue of People magazine hitting newsstands on Friday. Pick up a copy locally at Issues Magazine Store in Upper Kirby.

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