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Miley Cyrus, Liam Hemsworth

PacificCoastNews.com

Despite recently being seen without her engagement ring, Miley Cyrus is "still engaged," a source tells E! News exclusively.

"They live together; the wedding is not off," the insider added.

"You can't postpone a wedding that never had a date in the first place. Their plan all along was to wait a couple of years before even thinking about a date. The People story is ridiculous."

Cyrus has been sparking talks of a split from Hunger Games beau Liam Hemsworth after numerous outings without her 3.5-carat Neil Lane diamond ring.

The source adds: "She just doesn't wear it sometimes. People shouldn't read too much into that."

A second insider tells E! News that the 20-year-old singer "loves Liam very much" and that the two "are finding things hard right now, but Miley is hopeful it will get worked out."

Phew, we're glad to see the pop star is still getting ready to head down the aisle!