Gone
After going on a zero expenses paid trip to a 3rd world shithole to have sex with trafficking victims, Ethan Ralph went to Tijuana to cross the border on foot to see his son. Unfortunately for Ralph, he got beaten and robbed of his possessions, as stated in a call on Nightwave Radio after finally returning home:
From that day onwards, Ralph quietly retired the ring altogether, and absolutely refuses to show the ring on camera ever again,
even if you give him money to do so:
Which is quite strange, considering how giddy he used to be to show the ring off literally anytime a gaylog mentioned it, absolutely free!
Ralph took time to flash his ring, states the reason its uncomfortable and stabs into your finger is because it is the OG way they used to cut diamonds:

Ralph fights Haru over his height, shows everyone he hasn't sold the ring for meth yet:
Ralph showed his Paw-paw ring to a waitress
So, while Ethan Ralph is too embarrassed to even make the following statement, he does genuinely want you to believe that, after getting robbed of his phones, money, and getting punched in the noes, the Mexicans took a look at his luxurious family heirloom and found it in their hearts to let him keep it. Which is quite kind of them, considering how earlier this year he finally revealed the price of the ring to be worth 20,000 dollars:
Ralph copes more about his ring, finally reveals the supposed price of it to be 20k (11:10)
After such a traumatic event has transpired in his life, Ralph has
completely abandoned his board altogether and has
gotten an AI girlfriend to cope with the loss of his dear grand pappys ring. And as stated above, also refuses to acknowledge the ring even if you give him money to do so. In addition, he has been witnessed hosting a show called the Killstream for 10 hours a day, filled to the brim with grunts, coughing, and fox news anchors to put you in a pignosis-like state in hopes you forget about the ring altogether. Which in all honesty seems to be working, as everyone is either too bored or preoccupied to bring up what is probably the biggest feltening to ever happen to Ralph since his whorse absconded.