June 03, 2004 07:00 AM

Having turned her back on the nickname J.Lo, Jennifer Lopez seems to be embracing her new moniker, Lola, with both arms, PEOPLE reports in its latest issue.

Lola? Yes – and the new handle makes its public debut in the liner notes for Amar Sin Mentiras, the Spanish-language album due June 8 from Marc Anthony, Lopez’s boyfriend since early this year.

The album’s title (in English, To Love Without Lies) is provocative enough: The sentiment comes on the heels of Anthony’s June 1 divorce from his wife of four years, Dayanara Torres, the former Miss Universe from whom he split just before his romance with Lopez became public.

But, says PEOPLE, it’s the liner notes that really have tongues wagging – especially Anthony’s swooning shout-out to “Lola,” which sources close to the couple confirm is what he calls Lopez. “My endless inspiration,” writes the singer. “My life has been one of dreams since the second you walked through that door.”

Especially intriguing: the square-cut diamond ring Lopez has been spotted wearing on her left middle finger. A source close to Lopez says that the new bauble is a “friendship ring” from Anthony, “but it’s setting the stage for the other ring – the engagement ring.”

The source adds that Anthony, 35, has been spotted browsing at L.A. jeweler Neil Lane and that Lopez, 34, has already sought the advice of Sharon Sacks, the planner who worked on both her wedding to Cris Judd and the aborted Ben Affleck nuptials. “They’re engaged unofficially,” says the source. “There’s talk of a wedding.” Asked when, the source replies, “Within six months.”

But says Lynda Lopez, Jennifer’s sister: “Are they engaged? I’m pretty sure they’re not.”

Not that Anthony could not become husband No. 3. “She’s serious about the relationship,” says an insider. “They’re definitely going to get married.” Pause. “Unless they break up before then.”

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