Ashley Olsen, 24, and her Hangover star beau, Justin Bartha, 32, have parted ways, a source confirms to PEOPLE.

The private couple, who dated for more than two years, shot down engagement rumors shortly after they got together in 2008.

Reps had no comment.

Credit: PEOPLE (Dhavi Shira)

Getting in some quality time together, Ashley Olsen and Justin Bartha were spotted out shopping in Hollywood yesterday afternoon (January 4).

The “Full House” babe and her hunky beau checked out a bunch of different stores in search of some new duds for the upcoming spring season.

Credit: Celebrity Gossip

Ashley Olsen is living the good life, but are you surprised? The multi-millionaire, wearing a black bikini, hit the beaches of Southeast Asia with her boyfriend of two years Justin Bartha.

The two lovebirds, who hung out with friends on a private boat, took a ride on the clear blue waters. Reports have been circulating that Bartha is close to popping the question to the blonde mogul. Come on Justin, put a ring on it!

Too bad Mary-Kate didn't go along for the ride. Oh, to be the Olsens.

Credit: X17 Online