In the wake of her brief romance with renowned rapper Tyga, Avril Lavigne, the punk-pop princess, has walked away with an extravagant memento - a custom-made necklace worth a staggering $80,000, insiders reveal.

As the pair's short-lived romance fizzled out, Lavigne, the 38-year-old "Sk8er Boi" crooner, managed to retain a piece of sentimental bling bestowed upon her by Tyga, 33. Insiders divulge that the "Rack City" rapper graciously allowed Lavigne to keep the lavish gift specifically crafted for her.

The luxury item, designed by Mavani & Co., sports a dazzling array of white and black diamonds, pink sapphires, and a unique design featuring her first name accompanied by two skulls and crossbones adorned with pink bows.

Having pocketed over $20,000 worth of jewels for each month of their ephemeral relationship, Lavigne, a two-time divorcee, has no qualms about retaining the opulent gift, insiders whisper.

According to a source close to the singer, "Avril admits that Tyga is a wonderful person, but they quickly discovered they were not a good match during their brief romance." Lavigne, however, was less eager to part with her necklace. "She's very fond of it, and he didn't request it back," the source added.

Tyga, on the other hand, is facing criticism from his friends who feel he should have claimed back the high-priced item, a second informant spills. However, Tyga holds a different perspective. "He doesn’t give presents with the intent of taking them back later. He spent a lot of money on Avril. But he says there’s plenty more where that came from — and he can afford the loss!”

Amidst this, a new twist has entered the saga. Contrary to the breakup rumors, reports suggest that Lavigne and Tyga might be reigniting their romance. A source for ET disclosed, "Tyga and Avril are back together after their split... They were still hanging out and talking after their breakup and decided to give things another shot."

Lavigne's past relationships have not been without drama, notably with ex-fiancé Mod Sun expressing his distress over their failed engagement and Lavigne's subsequent romance with Tyga. However, it seems the "Complicated" singer's narrative with Tyga is far from over, and fans will have to stay tuned for the latest developments.