Cases have gone both ways on rings. It certainly wouldn't hurt to counterclaim for the expenses, and while in some cases you'd lose that point, in this fact pattern it may be great leverage. Although it would be smart to get a lawyer, the legal fees in a lawsuit may exceed the value of the dispute.
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I do not know about GA. but as a general rule, you have to return the ring. You can counterclaim him for expenses.
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