According to TMZ, Olivier Martinez gave the actress the emerald and diamond ring as a gift, but it “positively is not a symbol of getting engaged.”
However, the insider told the site that the couple is in a “committed relationship” and that marriage “could be on the cards” in the future.
In addition, a spokesperson for jewelry company Gurhan that supplied the ring says they cannot confirm that Berry is actually wearing the bling.
“Although Halle is a great fan of Gurhan we cannot confirm that she is wearing a Gurhan design,” the company said in a statement.
Berry, 46, and Martinez, 45, were photographed together in Los Angeles recently and the actress was wearing an emerald ring on her finger.