Amid speculation that the two are about to tie the knot, we are happy to report that Jake Gyllenhaal and Reese Witherspoon are NOT engaged.

When this story came by on the ticker, our dear Dame grabbed her Grey Goose and locked herself in the closet. Come out love, it’s not true!

Witherspoon made the supreme single-celebrity mistake of being spotted out and about while sporting a gold ring on her left hand. And as you know, that’s all it takes for us gossip hounds to bare our fangs.

Via The Inquisitr:

“Reese looked delighted, and she was definitely showing off the ring. She kept holding her finger up for people to see, she even flashed it around when she was getting in her car.”

However, Reese’s people were all over this, like sweat on Gyllenhaal’s ‘Prince of Persia’ abs.

Via Sawf News:

“Witherspoon was seen in casual dress with a gold diamond ring on her left ring finger. A representative for the actress, however, said it is merely decorative.”

Dame, love, do you see? It’s decorate. He probably didn’t even buy it for her. I bet she bought it herself or stole it from a photo shoot, Lohan style.

We all know Jake, and his abs, only has eyes for you…and that Grey Goose.