updated 01/05/2012 AT 8:00 AM ET
•originally published 01/05/2012 AT 9:05 AM ET
While Internet reports that Maria Shriver is wearing a suspicious ring on that finger fueled rumors of a possible reconciliation with husband Arnold Schwarzenegger, PEOPLE has learned there’s a different explanation.
The bling seen on Shriver’s left hand is actually her late mother’s engagement ring. Shriver, who was extremely close her mom, has been wearing the ring since Eunice Shriver’s death in August 2009.
As for rumors that Shriver is having second thoughts about divorcing Schwarzenegger, a source close to the couple denies it.
“The reports of a reconciliation are not true,” says the source.