Lance Bass Engaged to Michael Turchin

Lance Bass Engaged to Michael Turchin
Lance Bass (left) and Michael Turchin
Jim Smeal

09/01/2013 AT 02:15 PM EDT

Another 'NSYNC member is about to say "Bye Bye Bye" to the single life.

Lance Bass is engaged to artist Michael Turchin, a source confirms to PEOPLE.

A week after his reunion with Justin Timberlake and their former bandmates in New York City for the MTV Video Music Awards, Bass, 34, revealed that he popped the question.

"He said YES!! Love this man," Bass wrote on Instagram Sunday with a photo of the pair showing off an engagement ring on Turchin's finger.

Drew Pokorny, head writer and co-host of Dirty Pop with Lance Bass on SiriusXM, tells PEOPLE the happy moment came in New Orleans, where the couple is spending the holiday weekend.

"They're so great together. I'm completely thrilled for them," Pokorny says. "Lance had his heart set on asking Michael here in New Orleans and celebrated with some of his closest friends from Mississippi and L.A. who came in for the weekend."

Two years ago, Bass opened up about his desire to settle down.

"I'm a Southerner," he said. "[I] dream of having the family and the kids, and the parents want grandkids – that's all they care about, give me some grandbabies."

Lance Bass Engaged to Michael Turchin| Couples, Engagements, Lance Bass

Michael Turchin (left) and Lance Bass

Courtesy of Lance Bass

Reporting by PATRICK GOMEZ
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