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Rihanna Flaunts Diamond Ring in Miami; Sparks Drake Engagement Rumors (PHOTO)

Rihanna recently sparked engagement speculation after being photographed wearing a gold ring on her wedding finger, however, a report claims the singer is not engaged.

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On Thursday the "Pour It Up" singer, 26, was spotted sitting court side at the Brooklyn Nets vs. Miami Heat game in Miami and onlookers observed her wearing a diamond ring on her left hand. Despite whispers of a potential engagement to rapper Drake, insiders revealed Rihanna is not engaged, according to HollywoodLife.com.

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The engagement speculation comes two months after the pair were subject to false pregnancy reports. The Bajan singer has dated the Canadian rapper, 27, on-and-off for several months and while they are said to be fond of each other, they have no immediate plans to have a baby.

"Rihanna's not pregnant with anybody's baby," a source told HL.

"For real? Motherhood is the last thing on her mind these days, like the last! She's not in a serious enough relationship to even discuss, let alone think about having a child. Sorry, that's not the case," the insider explained.

Rihanna and Drake have yet to publicly confirm their romance, but previous photos of them holding hands on several occasions have done little to dispel dating rumors. One insider claims the pop singer and the Canadian rapper are considering moving in together, but no decisions have been made.

"She'd love to maybe one day soon see if they can co-exist together and try the whole living with each other thing," another source said. "But she's not trying to force anything. She wants it to unfold and to let him take control of that."

In March Rihanna accompanied Drake on the European leg of his "Would You Like a Tour?" tour, which fueled romance speculation.

"They've scrambled with the idea [of living together] but haven't really come to a conclusion. It's all just a matter of time. There's no rush because time is on their side ... It's a thought that they've been tossing around and we'll see what happens," the source explained.

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