Seems like the million dollar question right now is whether or not Kim Kardashian should have to return her wedding ring, after filing for divorce on Monday.

When Kris Humphries proposed, he gave Kim a reported $2 million Lorraine Schwartz diamond ring. No one disputed what the ring was worth – until now – when Kim should give the ring back.

Kris Jenner, Kim’s mom, gave an interview on the ‘Today Show’ this morning, and she claims “it wasn’t a $2 million ring. I mean you write it down, you say it out loud and suddenly it’s a fact … it was not 2 mill, it was less than half of that.”

She then added, “I don’t know the exact price, I didn’t buy the ring. Some of these reports get so outrageous and everybody gets so carried away.”

The ring, designed by Lorraine Schwartz, features a 16.5 carat emerald cut center stone flanked by two 2-carat trapezoids … for a grand total of 20.5 carats.

So … who gets it now?

A very defensive Kris says “it was a gift and I don’t know … I’m sure they wil work this out as soon as they get back. And I know Kim just plans on making very generous contributions to a really deserving charity when she gets home to trying to make that right because she feels really bad.”

I think it’s funny that no one came forward before to shoot down rumors that the ring cost $2 million. But NOW, now that Kim is the one who looks bad, Kris goes on the defense and says “the ring’s not worth that much”.

Poor taste, if you ask me. But I don’t expect anything less!

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