Oct. 9, 2013 at 12:27 PM ET
That's one way to make an announcement! Hayden Panettiere's flashy diamond ring stole the show on Wednesday — even though the "Nashville" star walked onto the set of "Live With Kelly & Michael" with an oversized boa constrictor around her neck.
"I'm sort of distracted, not just by the snake, but there's a very large diamond ring on your finger," host Kelly Ripa pointed out as Panettiere, 24, grinned. "I'm not sure if you want to announce anything ... does that signify anything, is that a promise of something?"
Tweet EmbedPanettiere at first played coy, telling Ripa and co-host Michael Strahan that it "might" mean something. "I mean, I think it speaks for itself," she said, referring to the oversized bauble on her ring finger.
When Ripa asked the former "Heroes" star point-blank if she was indeed engaged to longtime boyfriend Wladimir Klitschko, Panettiere finally relented.
"I am!" she said.
Panettiere and Olympic boxing champion Klitschko, 37, first met in 2009 at a book party and dated for two years before calling off their relationship. The pair reunited this past spring, however.
"It's like the 2.0 version," she previously told Glamour magazine of giving their relationship a second chance. "I've always had great relationships and stayed really good friends with the guys I've dated. It blows my mind sometimes that us getting together has gotten so much attention. It's like, Really? This is breaking news?"
According to Panettiere, the pair hasn't set a date or made any immediate plans for a wedding just yet due to her busy filming schedule.