Miley Cyrus, Liam Hemsworth Drama: 'Bangerz' Twerker Refuses to Return $100,000 Diamond Engagement Ring after Split, Might Auction Off Bling for Charity?

By Danica Bellini, Mstars News Reporter | Oct 17, 2013 01:24 PM EDT

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Liam Hemsworth officially broke things off with Bangerz fiancee Miley Cyrus just last month. Now, rumors suggest that the "Wrecking Ball" songstress refuses to give back the $100,000 diamond engagement ring! According to Star magazine, 20-year-old Cyrus might even auction the bling off for charity...

The 23-year-old "Hunger Games" heartthrob proposed to Cyrus in May 2012 with a lavish 3.5-carat cushion cut Neil Lane diamond ring (estimated worth, $100,000). The young Hollywood couple's no longer together, but the infamous twerker has yet to return the valuable jewelry. In fact, Cyrus doesn't plan on ever doing so. According to Star magazine, she worries that Hemsworth might give it to the next leading lady in his life!

Sounds a little ridiculous... but that's the rumor.

Still, Cyrus doesn't actually want to keep the ring because it'll remind her of their failed relationship. Therefore, she might put it up for auction and donate the funds to charity. Guess Hemsworth can't complain about that, right?

For now, Cyrus is just ready to move on. The "We Can't Stop" songstress recently told Ellen DeGeneres:

"I''m just letting that chapter kind of close, and just looking forward to that new one... I want to be really clear and determined with everything that I''m doing in my life right now, and I have been... I think sometimes it takes you separating yourself from someone else to really be happy with who you are."

Do Mstars fans think Cyrus should auction off her engagement ring?

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