Yes, you read that right. According to People magazine, the former Hannah Montana star is engaged to her long time boyfriend Liam Hemsworth.

Reports broke out to various online magazines including USA Today, CNN and People which tells that indeed, Miley Cyrus is engaged to her Australian boyfriend Liam Hemsworth.

The "Hunger Games" actor reportedly popped the question to the 19-year-old singe/ actress and daughter of Billy Ray Cyrus last May 31. The couple has been together for three years after meeting on set of their movie "The Last Song."

According to People, Hemsworth asked the magic question with a 3.5 carat Neil Lane diamond engagement ring.

Just this morning, Miley posted a tweet on her Twitter account saying "life is beautiful" and probably now, people know why.

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

Just a few months ago Liam openly talked about his girlfriend saying that although he wanted to be professional on set while filming their first film together back in 2009, he couldn't help but feel a certain kind of attraction towards the actress.

"She makes me really happy. When you start, you want to be professional, but when you're filming those scenes with someone and pretending to love them, you're not human if you don't feel something," Liam previously said.

"I think it's someone that is always there to listen and I think that's when people make mistakes because they always want to have the answers and I don't like people trying to fix me, I just like them being able to listen," Miley talked about how perfect she thinks of Liam because he listens to her.

Currently, Miley is on the studio working on her next album while Liam is filming "Empire State" in New Orleans. The actor will also film "Paranoia" with Harrison Ford before shooting the second "Hunger Games" installment.

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