Rick Ross & Fiance Call Off Engagement

Rick Ross and model Lira Mercer have reportedly called off their engagement, amidst cheating allegations after being engaged for barely two months. The couple who made their red carpet debut at the 2015 BET Hip Hop Awards early October, have not addressed the rumours, and Ross seems unperturbed as he is currently promoting his new album "Black Market" which is set to drop this December. 

Here is how TMZ is reporting the news...

"Rick Ross and Lira Galore have called off their engagement, less than 2 months after making the leap.

We're told they had a major blowout, although it's unclear what it was about -- but it was serious enough that Lira moved her stuff out of Rozay's Georgia mansion.

Ross spontaneously popped the question back in mid-September while they were jewelry shopping in New York. They'd only been dating a few months at that point.

As for the giant 11 carat, $350k rock he gave Lira ... so far there's been no discussion on whether she'll return it. She still had it on her ring finger in a photo she posted a day ago.

The good news for Rick -- legally speaking, the ring is a gift in contemplation of marriage. Translation: Lira gotta give it back.

Though she might want to reconcile ... after talking to a lawyer."

We expect that shortly, they'll come out to deny or confirm it. Sure it was fun while it lasted.