When Kim Kardashian announced her engagement, celebrity tabs were sent reeling. This was their gossip equivalent of political unrest in a foreign country. All hands were on deck. Get news! Get a scoop!

Then they got a glimpse of her engagement ring. Yegads, it was huge.

Now, the tabs are at an impasse over whether or not Kardashian actually bought the ring years ago!

The ring – a 20.5-carat monster retails at $2 million. Fiance Kris Humphries has that kind of cash? Yes, but it’s still a big chunk of change. At 26, his salary with the New Jersey Nets is $3.2M. In his six year career, he has brought in a total of $17M. Skeptics who cared raised a perfectly plucked eyebrow.

Now there’s questions about whether she had bought the ring years in advance. Celebrity gossip site  MediaTakeOut has Side-By-Side photos of Kim wearing an ring that looks much the same on her right hand in 2009, alongside a current photo of Kim wearing the ring on her left hand. They also speculate that Kim had garnered the ring (likely for substantially less than cost in exchange for publicity) in hopes that then boyfriend Reggie Bush would pop the question. He didn’t.

Kardashian admits to PEOPLE magazine that she had bought a fake version of a ring that looks quite similar to this one, but FOX news still speculates that the ring wasn’t purchased by Humphries. Did the Jenner/Kardashian family chip in? Was it a product placement? The sauce thickens!

You may now return to your regularly scheduled web-surfing.