By Staff Writer (media@latinospost.com) | First Posted: Apr 16, 2015 11:12 PM EDT

Is Nicki Minaj about to tie the knot? One of the "Anaconda" hitmaker's recent Instagram posts revealed a huge, heart-shaped diamond ring, sparking speculations that the artist has accepted a proposal for marriage.

This development may seem surprising to some as Nicki and current squeeze Meek Mill's relationship only began a couple of months ago. Turns out the coupling is a serious one.

The snap showing her gigantic sparkler appears to be the confirmation of the singer's Twitter tease regarding the engagement.

"This looks like a 15-carat fancy yellow heart modified brilliant cut diamond mounted in platinum with a double halo of white pavé diamonds," said Morgan Shara of MASbisjoux jewelry, as explained to E! News. "This would retail for approximately $500,000."

The jeweler also went on to say that the sparkler "looks like the natural fancy colored diamond trend that is continuing full steam ahead."

"Both Meek and Nicki have been spending amazing quality time together lately and have gotten extremely close these past few months," MSN quoted a source as saying. "It may seem like it all is happening very quickly but Nicki and Meek are in this 100. They truly love each other."

The "Pink Friday" artist has not officially confirmed her relationship with Meek, although she had been pictured with her man a couple of times in the past few weeks. Rumors about their relationship heated up when she shared a photo of the rapper kissing her on the cheek in February.

"The two have performed a number of times together, and the Philadelphia based performer - whose real name is Robert Rahmeek Williams - even collaborated with Nicki on her recent album 'The Pinkprint,' which includes the songs 'Buy A Heart' and 'Big Daddy,'" MailOnline noted.

It can also be recalled that the rapper got out of prison only in December last year. He was incarcerated for breaching his probation.

"He had been released on parole for earlier gun and drug charges in 2008," the publication added.

Nicki had previously spoke about his time in jail, saying that she didn't like that he was put behind bars and that she thought the imprisonment was for "something ridiculous."

It was only last year that Nicki broke up with long-time boyfriend Safaree Samuels, with whom she was in a relationship with for 11 years.

Considering her previous relationship, news of the engagement only months after Nicki and Meek paired up was understandably surprising to observers and fans. Could it be down to the rapstress' desire to married by the time she released her fifth album?

It's worth noting that "The Pinkprint" is her third album.

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