Don’t expect Miley Cyrus to be walking down the aisle anytime soon.

“Miley’s not engaged,”  after the Hannah Montana star, 17, was caught stepping out in L.A. on Thursday wearing a sparkly ring on her left hand.

Rumors immediately began to spread that she and her 19-year-old Australian boyfriend and Last Song costar, Liam Hemsworth, 19, may be getting married.

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Carrie Underwood is finally engaged, to hockey player Mike Fisher, Mike popped the question sunday afternoon