Demi Moore's new boyfriend is a real treasure! Australian yoga teacher Will Hanigan reportedly has a pearl inserted in his family jewel.

Will, 30, who is allegedly dating the 50-year-old actress, has had the pearl inserted years ago.

"He had a pearl inserted in his penis when he was in his late teens," a source told the New York Daily News. "It is pearl farming tradition and he would always joke about it in Australia. He'd boast it'd give girls extra stimulation in the bedroom."

Will is a third-generation pearl driver who used to dive for Paspaley, a well-known pearl producer in Australia, and for Pinc, his own jewellery business.

Although there's no official confirmation of their relationship yet, they have reportedly been dating for a month now. Will is said to be "besotted" with the older actress, whom he met through a series of yoga classes after he moved to Los Angeles.

No word on if Demi has already seen Will's jewel.

Meanwhile, Demi is demanding additional $10m settlement in her divorce from "Two and a Half Men" actor Ashton Kutcher. She apparently wants more money from the 35-year-old actor, not because she's financially strapped, but because she wants Ashton to pay for his cheating on her during their marriage.

Demi married Ashton, her third husband, in 2005. She was also married to Freddy Moore (from 1980 to 1985) and to Bruce Willis (from 1987 to 2000).