Charlize Theron sparked rumors that she and Sean Penn are engaged when she was photographed wearing a diamond ring on her left hand ring finger.

Charlize Theron Spotted Wearing Diamond Ring

Theron, 38, and Penn, 53, took their relationship public in 2013, and the private stars have shared little about their romance, but rumors broke this summer that the power couple was planning on tying the knot and adopting a child together.

When Theron was spotted wearing a diamond ring on July 23, it seemed like the rumors were coming true. However, sources close to the couple say that the pair is not engaged and that Theron actually bought the ring as a gift for herself.

Other media outlets had already cast doubt on the rumors after the ring was identified as an 18-karat Anita Ko Leaf Ring, with a price tag of $4,900. While that might seem like an engagement-worthy ring for the masses, in Hollywood, it falls far below the average engagement ring.

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