Well according to Radar Online, Liam wants Miley to keep the 3.5 carat Neil Lane engagement ring.
"He wouldn't ask for it back. Liam told Miley to keep it and do with it what she wanted. He told her to keep it as a memento of their love affair," a source close to the situation told Radar.
"When Liam bought that ring, he truly believed he would be spending the rest of his life with her. Now he realizes they are both just too young to be ready for such a big commitment."
Wow, we're pretty shocked he doesn't want her ring back. It reportedly cost over $100,000! It's also a known gesture for the guy to get the ring back if the marriage never happens.
Miley and Liam officially split on Monday after several rumors swirled that he cheated on her. She confirmed the cheating talk when she released a statement claiming that's why they called off their engagement.
If you were Miley, what would you do with the ring? Are you surprised Liam is letting her keep it?