Twilight star Nikki Reed flashed her bling on the carpet at the 2011 MTV Movie Awards and announced her engagement to American Idol‘s Paul McDonald.

The two were hand-holding and awfully cuddly as Reed was sporting a new ring. When asked about it and the couple’s future she replied “He’s the one. He’s the one.”

McDonald, who came in 8th place on this year’s AI, met the Breaking Dawn star at the Red Riding Hood premiere and didn’t know who she was at the time.

To up the so-cute ante, Reed says McDonald has been writing lots of music with her as his muse. Too darn cute.

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