Mariah Carey’s relationship with Australian billionaire James Packer marked a particularly indulgent moment in the singer’s life. Money was never an object for the legendary singer and her media mogul fiancé, who paraded his and her yachts and joked about having albino elephants at their wedding.

Unfortunately the relationship ended back in October 2016, after the couple got into a fight during a Grecian vacation. In the settlement following their split, Carey managed to keep the 35-carat diamond engagement ring Packer gave her that was previously estimated to be worth a whopping $10 million. Now Page Six reports Carey has quietly sold the ring for a modest $2.1 million to a jeweler in Los Angeles.

“Mariah has been very vocal recently about her choice to move forward in her life surrounded by positivity. That requires leaving emotional and material baggage behind, including an old engagement ring from an ex-boyfriend,” a spokesperson for Carey said. The source also clarified that the ring was actually worth much less than $10 million.

The ring was custom designed by New York-based jeweler Wilfredo Rosado for the couple's engagement in January 2016. "A confidentiality agreement was signed, but the jeweler is currently selling it, and there's only one such ring," the source told Page Six. "Mariah Carey's public relations people are desperately trying to keep the story from the press, and have threatened the jeweler with litigation if he discloses her name."

Carey has definitely moved on from Packer, as her relationship with 35-year-old Bryan Tanaka appears to be going strong.

The singer recently opened up about her experience living with bipolar II disorder after being diagnosed back in 2001. Carey is also currently the target of a civil rights lawsuit from her former manager.