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Katie Holmes Ring

Sergi Alexander/Getty Images

Katie Holmes has been sparking some curiosity recently thanks to some sparkling bling worn on that finger.

The 37-year-old actress has also been spurring romance rumors with Jamie Foxx, 48, for more than two years, most recently this week, despite never even confirming a relationship. Some onlookers have speculated that he may have something to do with her ring.

No, the two are not engaged, a source told E! News on Saturday, adding that the actress has had the sparkler for "over a year."

Holmes, who was previously married to Tom Cruise, was first spotted wearing the ring last year and has donned it several times to events. She was most recently seen sporting a ring on her ring finger on Friday, at the Photographs by Kelly Klein event, hosted by Barry Diller and Jason Weinberg at BOA Steakhouse in West Hollywood (pictured below).

Katie Holmes, Gillian Anderson

Donato Sardella/Getty Images

Katie Holmes Ring

Dimitrios Kambouris/Getty Images

Last March, a celebrity photographer asked Foxx point blank about the dating rumors.

"Oh come on," the actor replied. "You guys have been trying to get that to stick for three years."