Larsa Pippen and Marcus Jordan Are Not Engaged Despite Huge Valentine's Day Ring

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Larsa Pippen could be resistant A rock on A certain finger lately, but socket THE marriage bells For NOW ... 'cause She is not it walk down THE aisle just Again with Mark Jordan.

THE again and again couple has has been has THE center of speculation For on A week NOW -- And that was kicked In high gear on Valentine's Day Day When LP take a step out with Mark In Miami with A massive diamond ring on her LEFT ring finger.

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Indeed ... he was very suspicious, but despite people thought they could be engaged -- This After patch things up enough quickly following A little argument -- sources with direct awareness say We he just is not it SO. Instead, It is only A red herring ... A ring Since Larsa own jewelry line.

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NOW, even However he is not it A engagement ring -- It is not has say This bling is not it Good ... 'cause he East. Were said This ring features A 5 carats YELLOW diamond with other diamonds around that.

Anyway, In terms of Or things stay between Larsa And Mark has This indicate -- WHO very a lot SO look back together And happy Again ... OUR sources are saying they are continue has work through their problems -- but they are certainly always In love And engaged has be together.