Ian Somerhalder bought a Neil Lane engagement ring for girlfriend Nikki Reed?

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Well, only time will tell. But according to an E! News source, Ian Somerhalder was spotted shopping in a Neil Lane jewelry store for “about an hour.”

The jewelry store is well known for its gorgeous engagement rings.

Dating rumors about Ian Somerhalder, 36, and Nikki Reed, 26, appeared in July when the pair was photographed at the Studio City Farmers Market in California.

In 2011, Somerhalder confirmed dating his Vampire Diaries costar Nina Dobrev. They split up in 2013.

Reed was married to American Idol finalist Paul McDonald from 2011 to 2014. The Twilight Saga actress filed for divorce in May.