Miley Cyrus will likely keep her Neil Lane engagement ring from Liam Hemsworth

Miley Cyrus has not returned her 3.5-karat Neil Lane engagement ring from Liam Hemsworth and sources say she will probably keep it.

A source said the Hunger Games actor, who has already moved on, insisted she keep the ring he proposed with in May of last year.

"The ring has not been returned to the jeweler, Neil Lane," a source told E! News. "My guess is, she'll hold onto it as a keepsake. Besides, it's such a recognizable ring. If you were a bride-to-be, would you want a ring with that kind of negative history associated with it?"

The ring is estimated to be worth about $100,000.

Meanwhile, Cyrus, 20, seems to be doing just fine after the split. She performed at iHeartRadio Music Fest in Las Vegas over the weekend. She performed new songs from Bangerz, "We Can't Stop" and "Wrecking Ball," as well as "Party in the USA," and a cover of Melanie Safka’s "Look What They've Done To My Song.”

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