What Will Happen To Kim Kardashian’s 20.5 Carat Engagement Ring?

Kim makes it clear in the divorce papers that she isn’t offering up a dime, or gem, to Kris — but does that mean she gets to keep the gorgeous sparkler?

From the engagement to the wedding, everything about Kim Kardashian and Kris Humphries‘ highly-publicized relationship was over the top — and that all started with the extravagant, $2 million, 20.5-carat Lorraine Schwartz engagement ring Kris gave to Kim when he asked for her hand in marriage. Although their marriage didn’t last, what will happen to the giant sparkler?
Considering Kris signed a year-long contract with the N.J. Nets priced at $3.2 million, there was speculation that Kim herself purchased the gigantic $2 million gem — although Lorrain Schwartz told E! that Kris came in all by himself to pick out the extravagant ring. “Growing up she always loved to look at rings. When Kris came in, he knew this but he wanted to make it his decision. He knew he wanted that ‘wow’ big, and he could have gone bigger, but he wanted Kim’s ring to be something she would wear for the rest of her life,” she said.
Ultimately Kris decided on the emerald cut, saying “it’s classy and elegant and he said it reminded him of Kim.”
Considering the significant amount of press Lorraine Schwartz was given, we’re sure some sort of arrangement was worked out. Would that mean that the ring might have to go back to the designer?
According to the divorce papers, it looks like Kim definitely doesn’t want to part with the sparkler. Aside from an iron-clad prenup, the papers claim the below as Kim’s separate property that is not to be taken into account during the proceedings.
“Misellaneous jewelry and other personal effects” and “Earnings and accumulations of Petitioner [Kim] before marriage, during marriage and from and after the date of separation.”
So, does that “miscellaneous jewelry” include the big ring? I guess we’ll have to wait and see!