The Hold on, We’re Going Home rapper, who is reportedly dating the Rude Boy singer, has splashed out on the yellow diamond, although it is not thought to be an engagement ring.
A source told The Daily Star: "Rihanna was delighted with the gift.
"She has accepted it as a token of Drake's love. He's now even changing his schedule to spend as much time as possible with her.
"It's all getting increasingly serious between them."
The Unapologetic singer, 26, and the 27-year-old star have been "inseparable" in recent weeks and Rihanna hopes he will ask her to start looking at properties soon so they can plan to move in together.
