Update: Mariah and Nick may have eloped! Click here for the full story [1].

I guess the rumors are true? Well, there's yet to be confirmation from either half of the couple, but according to Access Hollywood [2] and a source close to the couple, Mariah Carey and Nick Cannon are indeed engaged to be married. The whispers started when Mariah was seen flashing this ridiculous ring [3] at the Tribeca premiere of her movie Tennessee.

Seems pretty sudden considering Nick just split from his ex fiance Selita Ebanks [4] in October, but hey the diva gets what she wants. So what do you think, are they really engaged? Are you surprised? And how fabulous will her dress be?

Source [5]