JLo Rings In 4th of July with A-Rod, But No Engagement Went Down

Everyone can relax, JLo and A-Rod are not yet engaged, even though the star unknowingly implied something more explosive than 4th of July fireworks had occurred.

The rumor mill went into hyperdrive Thursday morning after JLo shared a photo with A-Rod from Wednesday's Independence Day festivities at the beach, and her hand was suspiciously draped over the former MLB star's chest ... and sporting a diamond encrusted ring.

To top things off, the "Dinero" singer captioned the shot, "It’s the lil quiet moments that matter the most...?." Fans quickly took notice and started to celebrate a possible engagement between the Hollywood power couple.

However, we did some digging and sources close to JLo tell us it just ain't an engagement ring. She regularly wears rings on that finger, and the well-framed shot had no hidden meaning.

Lopez and Rodriguez have been inseparable since they started dating early last year, and the fact that their respective families appear to mix so well further led to speculation that they would soon tie the knot.

Unfortunately, it is just not that time, yet. And while the ring JLo wore is beautiful ... let's be honest ... an engagement ring from A-Rod is going to be visible from outer space.