It has finally happened: Taylor Swift and Travis Kelce are engaged.The multi-platinum pop singer and the Kansas City Chiefs tight end revealed their new status on Tuesday via an Instagram gallery of themselves in a garden. The third image is of the ring that symbolized the milestone. Jointly designed by Kelce and Kindred Lubeck of Artifex Fine, it features old mine brilliant-cut diamonds and a yellow-gold band. View this post on Instagram Instagram PostFans spotting her diamond-studded ring, which is estimated to be worth $550,000, connected it with her "Paper Rings" song lyrics from her 2019 album, "Lover":"I like shiny things, but I'd marry you with paper rings. Uh huh, that's right."What followed were hilarious reactions to Swift's engagement ring."Taylor Swift straight up LIED on that microphone," one fan referenced the pop star's lyrics.ّ @geokonic__LINK@PopBase see how it's not a paper ring cause he's got a real job and wants to marry her𝓩𝓸𝔃𝓲 ♡ @zozilovesLINK@TSUpdating she would’ve said yes to a paper ring tooH.M ❤️‍🔥🍷 @TAYXKDOTLINK@TSUpdating A long way from the paper ring 😭🖤Kyndall @Kyndall_1015LINKThat is NOT a paper ring, girly has a house on her finger 😭moose 🐦‍🔥 @usermooseontwtLINK@TSUpdating that is NOT a paper ring 😭 she deserves it though 🩷Wren @JhumKaLogicLINK@TSUpdating The ring is so taylor coded. Love itAccording to Kelce's father, Ed, the couple became engaged around two weeks ago in the Kansas City suburb of Lee's Summit. He recalled to ABC's Cleveland-area affiliate WEWS 5:"He got her out there. They were about to go out to dinner, and he said, ‘Let's go out and have a glass of wine.’ They got out there, and that's when he asked her, and it was beautiful."The couple then began spreading the news to family via FaceTime. Ed got a call while watching the Philadelphia Eagles' joint practice with the Cleveland Browns on Aug. 10, just three days before Swift's "New Heights" podcast episode aired.Then, just two days before the engagement announcement, the couple and their families attended a special airing of the Chiefs' ESPN docuseries "The Kingdom." They then went back home and had “a wonderful dinner” prepared by Swift.“To just watch the two of them, just crazy about each other, it's truly kinda neat," Ed Kelce said. "They're just two young people very much in love.”Mike Danna had to address Taylor Swift and Travis Kelce's engagement during Chiefs presserTaylor Swift and Travis Kelce's engagement announcement drew all sorts of reactions, not just from fans, but celebrities as well, including Patrick Mahomes and his wife, Brittany. One somewhat funny aspect of it, however, was its timing.It occurred during a Chiefs media call, just shortly after Kansas City coach Andy Reid had left the podium. That left edge rusher Mike Danna to address reporters about it, and he was "caught off guard":“Man, it’s incredible. ... That’s a blessing. Any time you find that type of joy, blessing, love, that’s a beautiful thing.”He also teased giving the couple Pop-Tarts, something Swift likes to cook, as a gift, but not homemade.