Diddy and Cassie are not engaged, despite the rapper/producer dangling a huge diamond ring on his Instagram this weekend. "Baby do you like it? I just want to get you wat you Like ! I just wanna Mk you smile :) #takeDat. !" he captioned the huge rock. 

The mogul's rep denied rumors of a proposal to the Daily Mail today, stating, "They are not engaged."

Cassie was initially signed to Diddy's Bad Boy Records back in the early 2000s. After years of speculation of their budding romance, the two confirmed their love via Instagram in 2012. “I’m a very lucky man #knowthat," he said on a photo that has since been removed.

[via Daily Mail UK]

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