He was found guilty by the Spanish court of tax fraud, embezzlement and influence peddling and has been in prison since 2018.

Although this has never been confirmed by the Spanish royal house, journalists Esteban and Inda believe this could be the reason why “Queen Letizia decided to return the ring to the jeweller.”

Instead, the royal regularly opts to wear her Karen Hallam gold-plated ring, one of her favourites.

Usually, she wears it on her index finger and other times on her left ring finger.