It looks like that piece of jewelry Miley Cyrus was sporting earlier this week at JFK really was an engagement ring. According to People magazine, the pop star and “Hunger Games” actor Liam Hemsworth are officially engaged again.

“Miley is beyond happy to be engaged to Liam again,” a source close to Cyrus told People. “It might seem sudden, but they have been very close for the past few months.”

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Cyrus was spotted on Sunday wearing the ring, which Hemsworth gave her in 2012, the first time he proposed. The twosome, who split in 2013, were seen celebrating New Year’s Eve in Australia, which led to speculation the romance was back on.

People reports the couple plan to move in together. Earlier this week, a U-Haul carrying Cyrus and two friends was spotted in front of Hemsworth’s home in Malibu, California.

Cyrus is reportedly “making changes for their relationship to work,” according to People’s source. “They both seem much more mature.”