We had been hearing engagement rumors for weeks, but Russell finally confirmed the great news to the UK Sun, texting them, "It's true. Much love."
According to the Sun, Russell popped the question during a spiritual ceremony in Jaipur, India on New Year's Eve.
He even had their relationship blessed by a "love guru!" The Sun reports, "Wearing traditional Indian outfits, the couple were granted luck and divine happiness in a tent at the foot of a Jaipur mountain just before midnight on New Year's Eve."
And now they're celebrating the big news while on vacation together in Thailand.
Russell and Katy started dating in September after they met at the MTV VMA awards. Russell admits that he was a womanizer before Katy but she managed to tame him.
No word yet on when they'll officially tie the knot, but judging on how fast they're relationship is going, we're assuming it'll be close to this summer. Congrats you crazy kids!