Pippa Middleton Is Not Engaged to Nico Jackson, Says Source

Nico Jackson and Pippa Middleton

Pacific Coast News

updated 12/18/2013 AT 3:00 PM ET

originally published 12/18/2013 AT 6:00 PM ET

Don’t start shopping for engagement presents just yet – Pippa Middleton isn’t set to wed boyfriend Nico Jackson, PEOPLE has learned.

Speculation was mounting that Kate’s little sister and her beau had gotten engaged, but a source tells PEOPLE “it is not true.”

The rumors heated up after Middleton, 30, took a trip to India earlier this month with her stockbroker boyfriend, 36, and reports claimed he’d popped the question.

The couple have been dating for a year and were first spotted together on a Middleton family vacation in Mustique in February, and they later hit the ski slopes of St. Moritz in March.

Jackson’s mother has already met Prince William’s sister-in-law, telling British media that Middleton “is absolutely charming.”

“We re very pleased,” Ulrike Jackson said of the couple earlier this year. “They are happy, and that is all that matters.”

• Reporting by SIMON PERRY

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