If you've been watching Season 5 of "Love & Hip Hop: New York," you already know that Peter Gunz has been going back and forth between Tara Wallace, his ex-girlfriend and mother of his kids, and Amina Buddafly, his wife and mother of his daughter Cori.

All season Peter has been trying to decide which lady he'll choose, and according to a new report he plans on making a decision during the reunion show. Peter was spotted buying a gorgeous diamond ring at Kay Jewelers recently, Media Take Out reports.

A "spy" told MTO that the ring could be an engagement ring and Peter plans on giving it to either Tara or Amina during the reunion, which supposedly tapes next week. According to the spy, one of the employees at Kay Jewelers asked who the ring was for and Peter reportedly said he wasn't sure.

"I don't know - either my wife or my babys [sic] mother," he said.

In a recent episode of "Love & Hip Hop" Peter went on a family vacation with Tara and their kids. He told Amina that he was in Barbados for business. The trip, which happened days before Amina gave birth, almost caused him to miss the arrival of his daughter.

After the episode aired, Amina told fans in a video message that she had "moved on" and explained that Peter told her the truth long before it was shown on TV.

"I think it should be obvious to everyone that it doesn't feel good to me watching it. I have to say again, as you guys know, we taped the season over the summer. And this happened a while ago," she said.

"You'll see how I really felt at the time," she continued. "Peter told me what happened out there. Seeing it in action and everything with my own eyes is different and it's still hurtful. It definitely wasn't nice."