Welp. The scoop on the street is James Packer has sent Mariah Carey packing.

According to reports, the billionaire dumped the legendary diva because he was fed up with her “extravagant spending” and her aspirations of becoming a reality TV star.

Via Page Six:

The Australian casino mogul officially called it quits this week after being engaged to the singer for less than a year, according to Woman’s Day.

“It’s all over,” a family friend told the magazine.

“James had huge reservations about Mariah’s new reality TV show and the fact that she was willing to expose their lives to the world,” they said, adding that her spending sprees had also played a major role in the split.

“James is very generous, but Mariah takes it to the next level,” said another source.

Packer was so adamant about leaving Carey — who is set to star in “Mariah’s World” on the E! channel — that he reportedly let her keep the $10 million diamond engagement ring he gave her when he proposed in January. The two had been together since June of 2015.

Things apparently took a turn for the worse in recent months following a spat over a birthday party that Carey didn’t attend.

“When she refused to come to Australia for [Packer’s sister’s] birthday party it created a lot of tension in the family,” a friend said. “His mom hated to even hear her name mentioned, and James’ tight circle of friends never really thought they would marry.”

I wonder if this is why James was missing in action at Mimi’s Halloween Party.

Hopefully, the couple just had a dust up and they’ll work everything out.

Your thoughts?