American actress Hayden Panettiere confirmed her engagement today (Oct 9th) in an appearance on 'Live with Kelly and Michael'.

The 'Nashville' star has been wearing the huge diamond ring sporadically since April but she has only acknowledged the ring publically in the live television appearance.

The former 'Heroes' actress walked onto the talk show with huge a boa constrictor around her neck to scare the host, Michael Stahan, but that wasn't enough to distract his co-host from spotting the diamond ring.

"I'm sort of distracted, not just by the snake, but there's a very large diamond ring on your finger," Kelly Ripa said, "I'm not sure if you want to announce anything . does that signify anything, is that a promise of something?"

The 24 year-old first tried to act nonchalant, telling the hosts that it "might" mean something, "I mean, I think it speaks for itself" she added, hinting that it is in fact her engagement ring.

Kelly then directly asked "Are you engaged?" and Hayden replied, "Yes, I am". Confirming publically for the first time that she is the fiancé of Wladimir Klitschko (37).

E!News hired the services of Chris Capri of Capri Jewelry Inc to provide details on the ring. Capri estimates the ring is worth $500,000 and the diamond is around 6 carats.

He could not trace the brand but could identify the specifics of the ring, "the diamond is an emerald cut, which automatically requires a very high clarity grade," Chris explains. "The ring looks to be rose gold with a split-shank setting."

The couple first met in 2009 at a book party and dated for two years before splitting up but they reconciled this April (2013). Hayden also said in the interview that they have not been able to set a date due to both individuals' busy schedules.

hayden panettiere
Hayden Panettiere confirmed her engagement to Wladimir on live televison

wladimir klitschko
Wladimir met Hayden in 2009 at a book party