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Mariah Carey and actor Nick Cannon are engaged.

Mariah put a massive rock on display on her left-hand ring finger at the after party for her new movie Tennessee at the TriBeCa Film Festival in NYC this past weekend.

The engagement ring was later identified as the same ring Nick gave his former fiance, Victoria’s Secret model Selita Ebanks.

Nick was previously engaged to Selita from May to October 2007.

A source close to Cannon’s ex-fiance, Selita confirms “That IS the same ring.”

Mariah, 38-years-old, has been quietly dating Nick, 27-years-old, for a few months now.

When People magazine asked Cannon what he loved about Carey, he said “Everything!”

Seems like Nick Cannon didn’t want to put the ring to a waste after Selita returned it to him and reused it on 11-years his senior Mariah Carey.

How long will the pair last?

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