Miley Cyrus and fiancé Liam Hemsworth call it quits

Someone call Nicholas Sparks, because his Last Song co-stars, Miley Cyrus and Liam Hemsworth, may have a new heartbreaking story to reenact their split.

According to multiple reports and a ton of speculation the two lovebirds, who first met on the set of Sparks Last Song, have called off their engagement. (Gasp!)

According to an insider, the rumours that have been swirling for weeks, after multiple pictures surface of Cyrus without her engagement ring, are true.

Miley and Liam are done its over, an insider told the New York Post. She likes to party really hard and can be pretty wild. It became a problem for him.

Apparently, the city of Los Angeles isnt big enough for the two of them, because another insider revealed that Hemsworth has run off to his homeland of Australia (holy, talk about needing some space!)

He needed to get away from Los Angeles and spend some time with his brother and friends, the source said.

This isnt the first time that the young lovers have turned their on-off switch to the off position. Another source told the paper: They have broken up before, and are broken up again now. There was drama because she suspected he had a wandering eye. And she recently tweeted a denial that he cheated.

I am so sick of La. And sick of the lies that come with it. I didn't call off my wedding. Taking a break from social media. #draining Miley Ray Cyrus (@MileyCyrus) March 06, 2013

The source added, While Miley has insisted they are still together, right now they are very, very much apart.