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Ashlee Simpson shot down rumors that she’s knocked up and engaged to Pete Wentz. When asked what was up with the ring she’s been wearing for a while, Ashlee explained that it was a totally gay promise ring from Pete.

“It just means that he hasn’t asked my dad yet…” she explained on Fuse TV’s The Sauce while promoting her upcoming album Bittersweet World.

Simpson also set the record straight on another issue: “No, I’m not pregnant,” she declared.

Dictionary_Girl can sleep easy tonight knowing that she still has a chance to bang Pete before he’s tied down.

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