"A whole new meaning for Xbox ring of death," joked one redditor after seeing a post about a jewelry store offering a free Xbox One with purchase of some engagement rings. A poster advertising the deal blew up on the gaming sub-reddit -- attracting thousands of upvotes.

And the deal appears to be real: Perrywinkle's, a jewelry chain with stores in New York and Vermont is advertising it on their Web site as well.

The catch? You need to purchase a ring with 3/4 carat diamond center stone. And that's probably going to set you back a fair bit more than the $499 retail price of an Xbox One.