The Insider.com

Earlier this year Miley Cyrus shot down engagement rumors after fans noticed she was rocking some bling on her ring finger, and while that was a false alarm, the I Can't Be Tamed singer is now officially engaged to Hunger Games star Liam Hemsworth!

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"I'm so happy to be engaged and look forward to a life of happiness with Liam," Miley exclusively told People.

UPDATE: Miley also just Tweeted, "thank you for all the love today :) I'm happy to share this news with you all. I feel like all my dreams are coming true. have a great day!" For his part, proud papa Billy Ray Cyrus Tweeted, "All I ever hoped for as a Daddy was to see my kids reach their dreams. To find happiness…peace of mind…and someday know…true love."

VIDEO REWIND - Miley as a Munchkin!

Liam, who met in 2009 while filming The Last Song, proposed on May 31 with a 3.5-carat diamond ring from jeweler Neil Lane.