Katie Holmes Steps Out With a Shiny New Diamond Ring — Is She Engaged?

Hold up — are Katie Holmes and Jamie Foxx engaged? In these exclusive photos, the 39-year-old actress was seen wearing a diamond ring on her left hand while hanging out with her The Secret costar, Jerry O'Connell, in New Orleans on Tuesday. Katie appeared to be in good spirits as she flashed a few smiles and chatted with Jerry during a coffee stop. Later that evening, Katie switched up her look and met up with her 50-year-old beau for some shopping at Michaels. After the photos emerged, a rep for Katie shut down the engagement rumors, saying, "Katie's not engaged to anyone besides her fictional movie fiancé, played by Jerry O'Connell."

Katie and Jamie have been quietly dating since 2013, and it wasn't until September 2016 that the pair finally confirmed their romance with a PDA-filled beach date in Malibu, CA. Katie and Jamie still have yet to address the engagement speculation themselves, but according to Us Weekly, things are pretty serious. "Their relationship works because of the love, compassion, trust and support they have for each other," a source previously told the outlet. "They confide in and rely on each other pretty heavily. They're definitely very serious." Guess we'll just have to wait and see.