According to In Touch Weekly, the international popstar, 30, was holding on to the giant rock in hopes of a reconciliation, but had no choice but to give back the heart-shaped Lorraine Schwartz sparkler as she moves on with new beau Christian Carino.
'She gave Taylor back her heart-shaped engagement ring shortly after the holidays,' a source tells the publication.
The informant divulged that even though the former couple 'had been spending time together late last year...Taylor just wouldn't commit to getting engaged again.'
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