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EXCLUSIVE: Jay-Z's $5M 'Groveling Sorry Ring Gift' to Beyoncé — Rapper Fuels Rumors He Upgraded Shellshocked Wife's Engagement Band 'To Pay For' Child Rape Scandal

Jay-Z has dug deep into his monster fortune to splash out $5m on a gigantic new engagement ring as he fights allegations that he raped a 13-year-old girl with pal Sean Combs.

Jay-Z has dug deep into his monster fortune to splash out $5m on a gigantic new engagement ring as he fights allegations that he raped a 13-year-old girl with pal Sean Combs. And his tormented wife Beyoncé, 43, stepped out wearing the new sparkler this week and it has led to feverish speculation from fans that the rock was an apology gift from the beleaguered music mogul, RadarOnline.com can reveal. She shocked her fans after showing off an apparent replacement for her original engagement ring at Monday's premiere of the computer-generated Lion King prequel Mufasa.

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