The Snitch Circuit is still ablaze with whispers that he’s been secretly texting sexy star Olivia Munn, nonetheless National Enquirer Gossip Guy Mike Walker is reporting that Justin Timberlake is planning a Valentine’s Day marriage proposal to galpal of nearly four years Jessica Biel.

We hear the singer-turned-actor plopped down almost $500,000 on a jaw-dropping sparkler for his actress partner.

Walker writes: “…Spies say ‘SexyBack told them he’s designed and ordered a dazzling diamond engagement ring for Jessica Biel that’s ‘big enough to sink a ship…’”

Five bucks say he’ll get cold feet. What do you think?

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