Paris Hilton loses engagement ring worth $2 million

Paris Hilton had a lucky escape in Miami after accidentally losing her $2 million engagement ring while dancing to a set from British DJs Above & Beyond.

The ring flew off the 37-year-old's finger as she grooved at the 7,000 capacity gig at the RC Cola Plant, sparking a frantic search of the VIP area according to DailyMail.

Miraculously, the 20-carat, pear-shaped sparkler was later found in an ice bucket two tables down.

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Paris was at the gig with her fiance, actor and model Chris Zylka, who lead the exhaustive hunt with security staff while the hotel's heiress waited in floods of tears.

A witness told Page Six: "Paris was dancing with her hands in the air, and the next minute her giant ring had flown off.

"She was really panicked as the venue was packed and very dark, it was the early hours of the morning and it was crazy in there."

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The hunky 32-year-old slipped the hugely blingy ring on her finger at the end of December as the couple enjoyed a ski trip getaway in Aspen, Colorado.

Paris shared Instagram snaps of the romantic moment on the snowy slopes that she reposted in honour of National Proposal Day on Tuesday.

The couple first met at an Oscars party eight years ago, but they didn't reconnect until two years ago.

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Above & Beyond - aka Jono Grant, Tony McGuinness and Paavo Siljamäki - were the first British DJs to sell out New York's Madison Square Garden.

They recently had a number 3 hit in the U.S. album chart with their new album Common Ground.

After the Miami event, the trio tweeted '@ParisHilton nice to met you and glad you found your ring.'

This article was first published on Daily Mail and is republished here with permission.