Bar Refaeli and Leonardo DiCaprio: Not Engaged

Leonardo DiCaprio and Bar Refaeli are not walking down the aisle any time soon.

After stirring up wedding rumors during a Sunday afternoon bike ride, reps have confirmed that Leonardo DiCaprio and Bar Refaeli are not engaged to be married.

As previously reported, the “Titanic” stud and his Victoria’s Secret beauty were spotted tooling around Beverly Hills on Leo’s sport bike yesterday (March 29), with Miss Refaeli exposing a gold ring on her left-hand ring finger.

"No -- he and Bar are not married and not engaged," a DiCaprio pal tells Usmagazine.com. Photos taken on Sunday in Beverly Hills show the Sports Illustrated cover model, 23, wearing a simple gold band on her ring finger.

"It was just a ring she was wearing on that finger," the friend adds.

That doesn't mean the actor, 34, never wants to wed.

"I want to get married and have children," DiCaprio told Parade magazine last October. "I absolutely believe in marriage."

The couple took a brief break last fall, but reconciled in December and have been together every since.

In a new Vanity Fair interview, Gisele Bundchen calls DiCaprio -- whom she dated for five years -- a "wonderful person."

"We still speak sometimes, and I'm friends with his mom. He still has one of my dogs," says Bundchen, who wed Tom Brady in February. "We were very young, and we grew together in a lot of ways. We were just not meant to be boyfriend and girlfriend, but I respect him enormously, and I wish him nothing but the best."

And though they’re not yet ready to tie the knot, that doesn’t mean that wedded bliss isn’t the cards. Leo previously told press, “I want to get married and have children. I absolutely believe in marriage.”

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