Paul Walker & Jasmine: Engaged? Nope!

2 Fast 2 Furious hunk Paul Walker and his girlfriend Jasmine Pilchard-Gosnell are engaged, reports Star.

Over the holidays, the 35-year-old actor reportedly popped the question to 19-year-old Jasmine, a student at University of California, Santa Barbara. The mag also claims the couple started dating when Jasmine was just 16.

“Paul is very happy,” says an insider. “Their age difference doesn’t scare him. He knows she’s the one. They’ll take their time to do things the way they like [for the wedding].”

Of note: Paul, has a daughter, Meadow, 9, who lives in Hawaii with his former girlfriend Rebecca. Jasmine reportedly met Meadow last month.

UPDATE: A source close to the couple tells JustJared.com that Paul and Jasmine are not engaged. Time to put those party hats away!