Nov 08, 2013 03:43 PM EST By Sonya Magett

Floyd Mayweather Cheating On Fiance Shantel Jackson With 'Single Ladies' Actress LisaRaye?

Floyd Mayweather and actress LisaRaye caused speculation that they rekindled their romance when they hugged on a red carpet this week.

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Undefeated boxer Floyd Mayweather Jr. of the U.S. laughs during a news conference at the MGM Grand Hotel and Casino in Las Vegas, Nev. (May 2, 2012)
Photo Credit Reuters

Boxer Floyd Mayweather and actress LisaRaye sparked rumors that they are dating again when they hugged on a red carpet this week.

The pair attended the 25th anniversary celebration of Sister 2 Sister magazine in Las Vegas on Thursday.

MediaTakeout published a picture of the boxing champion hugging the Single Ladies actress.

Mayweather and LisaRaye were first romantically linked in 2011. A source shared that the boxer provided a lavish lifestyle for the actress when they dated.

"He's bought her jewelry and pays for her to fly private when he wants to meet up with her," an insider told MediaTakeout at the time.

Other celebrities who feted the magazine's publisher and founder Jamie Foster Brown included The Real Housewives of Atlanta star Kandi Burruss, New Atlanta star Vawn, Soul Food actor Darrin Dewitt Henson, TLC: The Movie star Carly Payne, Bill Bellamy and rapper Charli Baltimore.

See the photos of the celebrities on the red carpet here.

Mayweather announced that he is engaged and set to wed Shantel Jackson not long after he defeated Canelo Alverez on September 14.The undefeated boxer, who was named by Forbes as the Highest Paid Athlete in the World, confirmed his engagement during an interview on the Howard Stern Show later that month. Stern began the interview by addressing the boxing champion's personal life. He started off by telling Mayweather that he heard he was engaged but had ended it.

"No, no, no. I mean that's just the media," Mayweather told the radio personality of the breakup reports. "Yeah, we still engaged. She's my better half. Miss Jackson. She's cool, she's just my better half."

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