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He's not royalty, but she's found her prince!

Pippa Middleton is engaged to boyfriend Nico Jackson, Us Weekly reports.

The British banker popped the question to Kate Middleton's little sister during an early December trip to India.

"It was exactly how he planned it. Very romantic and grand," a source tells the mag.

The couple, who have been dating 15 months, will reportedly tie the knot sometime in 2014. Considering she's a party planner, this promises to be quite the lavish bash!

UPDATE - A new report claims the couple are NOT engaged and that Us Weekly has it wrong. There's still no official confirmation or denial from the pair, so we'll wait and see!