New Delhi, March 13 -- Singer, entrepreneur Selena Gomez just sold off her custom-made 'B' diamond ring. Worth $3,250, the ring held a special place in the single's heart as it was dedicated to her fiance Benny Blanco.

Turns out, Selena is selling off her personal belongings ahead of her new album, I Said I Love You First, her recent collaboration with Benny Blanco.

She announced the same on Instagram and wrote, "Since my new album with Benny is about our past, present and future I thought it would be fun to give away some 'rare' memories I've kept over the years."

Selena started the initiative by selling her custom 'B' ring.

"It felt fitting to choose something that is a symbol of the start of our relationship," read an excerpt from ...