Austin "Chumlee" Russell
01/18/2013 AT 03:00 PM EST
Is Pawn Stars
's Austin "Chumlee" Russell a real-life Frodo?
The History Channel star will be the ring bearer at his boss's summer wedding
, and he's taking an unconventional route in his preparation tactics.
No, he's not planning to pawn the ring!
"I'm watching a lot of Lord Of The Rings
," he joked to PEOPLE, saying he'll treat the diamond sparkler like "my precious."
All kidding aside, Russell said he's happy that Gold and Silver Pawn owner Rick Harrison has found someone who makes him happy.
"It's not easy to deal with Rick and make him happy," Russell said. "So, someone needs to. I do the opposite. I make him mad."