Pete Davidson is said to have spent $93,000 for the engagement ring which he had ordered in late May.

AceShowbiz - Ariana Grande's new engagement ring reportedly cost comedian Pete Davidson almost $100,000 (£74,800).

The Into You hitmaker has been spotted wearing a huge pear-shaped diamond on her left ring finger amid rumours of a secret proposal, and now sources tell TMZ.com the three-carat sparkler set Davidson back $93,000 (£69,500).

The Saturday Night Live regular only began dating Ariana last month following her split from rapper Mac Miller, but he is said to have placed the custom order with New York jeweller Greg Yuna, aka Mr. Flawless, in late May.

Davidson picked up the diamond and platinum ring two weeks later.

The young couple has yet to explicitly confirm the engagement news, but Ariana did little to silence the claims as she responded to fans' reactions on Twitter on Monday night, June 11.

After one follower asked the 24-year-old if Pete knew he was marrying her whole fanbase too, she replied, "HAHAHAHAHAHH HES BEEN BRIEFED (sic)".

The pop star also joked that she was "crying" with laughter after another devotee referred to her as "Mrs. Davidson".

"i'm so happy. and excited (sic)," she added to another fan.

Ariana and Pete, who parted ways with funnyman Larry David's daughter, Cazzie David, earlier this year (18), appeared to celebrate their engagement with a late visit to Disneyland in California on Monday, where the singer dazzled onlookers with her new ring.

Despite moving quickly in their romance, it seems the new couple wants to take its time before tying the knot.

"They are not rushing to get married," an insider tells Us Weekly. "Their friends are really excited and supportive.

"They are both constantly making each other laugh.Their mums have met.They've been very public with their relationship on social media and they are in very in love".

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