After the couple was photographed leaving Vincenti, an Italian restaurant in Los Angeles, on Valentine’s Day, Perry was spotted wearing a ruby on her ring finger, leaving many to ask if Mayer, 35, had popped the question.
Although Perry, 28, is beaming in the photo, a source tells PEOPLE the couple is “not engaged.”
While the one-of-a-kind ring was created by Daniel Gibbings, a Santa Barbara based jeweler and designer, it may have nothing more than a Valentine’s Day gift that a rep for Gibbings says the singer-songwriter selected himself.
Mayer was “really super nice” while shopping for his girlfriend, the rep adds.
But as for speculation over whether the heart-shaped ring could be seen as a possible engagement ring, the rep says that while it’s not a traditional design, “it can be.”
“[Gibbings] uses a lot of texture. The style of his engagement rings are not the usual Neil Lane looking ring. They are definitely more trendy or boho,” the rep adds.
• With reporting by JENNIFER GARCIA & JESSICA HERNDON