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Nick Cannon: Lord of the Same Rings?!

5/1/2008 12:34 PM PDT BY TMZ STAFF

Has Nick Cannon taken recycling to a new level by giving Mariah Carey his ex's old engagement ring? He's gone green -- and crazy!

With reports that Nick and Mariah are engaged, Mimi has been sportin' a rock (left) that looks pretty similar to his ex-fiancee Selita Ebanks' ring (right). It's like that?!

If it is the same ring, expect there to be another emancipation of Mimi!

A rep for Cannon's ex tells TMZ Selita did return the white diamond ring to Nick and wishes the couple well.

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