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Nicki Minaj made headlines when DJ Khaled dropped a marriage proposal on her live on MTV, but is the Pink Friday rapper already engaged?

Nicki was spotted this weekend rocking a gigantic engagement ring rumored to be worth half a million dollars. But she’s been spotted with this ring for a while now – at least since her yacht party in New York City that took place on the 4th of July.

GlobalGrind originally published the picture on our Instagram when she walked by us, flashing the giant rock.

//instagram.com/p/bXNtJcTDjZ

Could the Barb already be hitched to her boyfriend, Safaree Samuels? He’s been rocking a matching gold engagement band as well.

If she is, DJ Khaled isn’t worried about it. He told Power 106:

“I just had to be honest. I always liked her. She’s my friend, of course. And I like her. It’s more than a crush. I feel like I understand. I know she’s out there hustling and I respect that. I feel like I can take care of her and not just that, she’s beautiful.”

//instagram.com/p/bX07yGjSDd

Seems like this love triangle isn’t going to die anytime soon, but Nicki is looking like she’s engaged. One way or another!

Photo Credit: Splash / Instagram/ GlobalGrind / BlogXilla