Hip-hop impressario Swizz Beatz is finally admitting what his estranged wife, R&B singer Mashonda, has been saying for months — he’s dating Alicia Keys.

Swizz and Mashonda are currently embroiled in a bitter divorce. He has always denied reports Alicia was to blame for the breakdown of his marriage — but he’s now singing a different tune, openly admitting that he and the multiplatinum-selling Grammy winner are in love.

“What we have is so precious. But we’re nowhere ready for a baby or a ring,” Swizz told The New York Daily News over the weekend.

Rumors of their relationship have been around since last year, when the 28-year-old singer reportedly threw Swizz a birthday party at New York’s Guggenheim Museum. The Recent song “Best I Ever Had” – which Swizz produced with singer Drake – recently confirmed the gossip. The lyrics read: “Wake up in the morning and my baby cooked me breakfast/A’s wearing nothing on but a necklace/Yeah, she says she wanna treat me like a king/I get big gifts so the money ain’t a damn thing/She gave me a party at the Guggenheim/What’s next? The ring? The baby? She really loves me!”

The 30-year-old star – who has a two-year-old son Kasseem Jr. with Mashonda – admits the lyrics have been fabricated a little.

“This whole song is not about Alicia. The part about her cooking breakfast for me naked – she’s never done that for me!”

Mashonda is seeking interim support for their son, arguing that Swizz has slashed his support payments in recent months.

Swizz’s lawyer, Dan Rottenstreich, insists, “He has taken care of her and his son above and beyond what’s required.”