Cutie Miley Cyrus has once again had to deny rumors via twitter. What’s going on exactly? It has hit the internet waves that Nick Jonas gave Miley Cyrus a $75,000 ring. Is it true? Here’s what Miley had to say via twitter: Sooo I woke up this morning and thought I’d check up on the daily gossip and apparently Nick Jonas gave me a $75,000 ring? Its all true. Ha!

Come on people…don’t believe everything you read. Miley tweeted again saying:

P.S. My last tweet was very sarcastic.Don’t believe anything until I tweet it (Unless its good news of course hehe)