VIDEO : Engaged? Katie Holmes Rumors Spread Following Diamond Ring Spotted On Her Finger

Engagement rumors were rampant after Katie Holmes was spotted wearing a diamond ring on her left hand in New Orleans on Wednesday. Holmes was spotted with the sparkling accessory on the set of her new film ?The Secret.? Her rep was quick to shut down rumors, telling People magazinne, ?Katie?s not engaged to anyone besides her fictional movie fiancé, played by Jerry O?Connell.? The pair have kept their relationship off the radar for years, but recently have become more open about their relationship.