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Miranda Kerr is no stranger to letting it all hang out, and her new spread in V Magazine is no exception. Although calling it a “nipple slip” is a stretch.

That implies it was accidental. This was not.

The 30-year-old Australian model recently flashed her bare breasts during a super sexy photo shoot for the publication, as you can see after the jump.

Evan Spiegel and Miranda Kerr Pic
(Getty Images for Republic Records)

While our headline may make this magazine spread seem racier than it is – it’s far more tasteful than Miley Cyrus Twerking – it is technically true.

Kerr, posing as Hungarian-born Italian porn star and politician Cicciolina (real name Ilona Staller), certainly gets into character and pushes the envelope.

Check out the (sort of NSFW) shot below:

 

Of course, this isn’t the first Miranda Kerr nipple slip we’ve seen, nor is it the last time we’ve seen her flash her breast for a sexy modeling gig.

Not that we’re complaining.