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    Ireland Baldwin Steps Out Sporting Ring on That Finger, but It's Not What You Think!

    Ireland Baldwin T/X17online.com

    Looking good, Ireland Baldwin.

    The blond beauty was spotted in NYC today where she was snapped walking to an office building with a ring on that finger, spurring some engagement speculation.

    But before you get too worked up, relax.

    "It's just a ring and it fit that finger," a source tells E! News.

    PHOTOS: Ireland Baldwin Instagrams sexy bathtub shoot

    The six-foot-two-inch model wore a basic, white button-down shirt and jeans as she strutted through the city. She wore her hair in a messy ponytail and casually rocked her ring, looking nonchalant as paps snapped pics of the jewelry piece.

    Her Maui-based boyfriend Slater Trout was also spotted wearing a similar ring during the couple's recent PDA-filled Hawaiian getaway, so it's possible she borrowed the ring to make a simple fashion statement.

    The social media queen recently copped to meeting her beau on Twitter, telling Vanity Fair they met through "mutual flirting efforts on the Internet."

    Ah, don't you love modern-day dating?

    PHOTOS: Celeb Couples in Love

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