After months of speculation, Billy Ray Cyrus is finally confirming his engagement to singer Firerose.

The 61-year-old country crooner and the 34-year-old Australian singer,

who legally changed her name to Firerose,

have been sparking rumors that they're getting married for months as

she regularly flashes her sparkly ring on Instagram.

Now, they've officially confirmed that they are engaged.

"She's the real deal," Cyrus tells People of his fiancée. 

He shares the story of meeting Firerose on the set of Hannah Montana

the series he starred in with his daughter, Miley Cyrus. 

"I loved doing that show," he says of the Disney Channel program

which ran for four seasons from 2006 to 2011.