Steven Tyler is, in fact, engaged to Erin Brady.
The American Idol judge proposed with a ring made by jewelry designer Loree Rodkin, according to new reports, confirming rumors from earlier in the week.
"Having made Steven's jewelry for so many of the past years it was an honor to be part of his future... with all my love to Steven and Erin," Rodkin told Us.
Tyler has been a fan of Rodkin's work for many years.
Steven Tyler and Erin Brady have been together five years.
Rumors of the engagement started circulating when the American Idol judge and his 38-year-old girlfriend were snapped in Hawaii with Brady flashing the rock.
On Wednesday Tyler's rep had "no comment" when asked whether the 63-year-old was tying the knot for the third time. But it's 99.9% confirmed at this stage.
Tyler was married to clothing designer Teresa Barrick from 1998 to 2006, and to Cyrinda Foxe from 1978 to 1987. Congratulations to the happy couple!