Grecko and Edelsten 'over'

Gabi Grecko. Picture: Gabi Grecko/Instagram

Geoffrey Edelsten and Gabi Grecko have split yet again.

The on-off couple, who have only been dating for the past few months, have called it quits while the model was back home in New York.

Despite only becoming engaged last month, Grecko posted a simple image to Instagram of the words "It's Over" and captioned it with a broken heart emoticon.

Edelsten's manager also confirmed the colourful pair had parted ways at the weekend but did not comment on the reason for the break-up.

However, just last week Grecko shared a snap of her 71-year-old millionaire beau holding up a sign that read: "I love you Gabi and I cannot wait for your return!"

The pair also went on a media blitz last month, announcing their engagement and plans to marry in Paris once Edelsten's divorce with estranged wife Brynne was finalised.

Grecko gushed about her desire to wed the Australian businessman in a black dress and posted a picture of a Tiffany's engagement ring advertisement just days ago in what seemed like a hint to her cashed-up boyfriend.

Distance may be to blame for the latest split, with the duo having broken up at least twice before.

While the 25-year-old blonde was living at Edelsten's Melbourne apartment for the past few months, he has been on the other side of the world battling legal issues in the US.

Grecko flew home to New York solo last week while Edelsten remained Down Under, with a witness spotting the two arguing at a football game before her departure.

The part-time DJ is reportedly working on her own lingerie line while in the Big Apple, which comes after Grecko stepped out in Melbourne several times wearing laced corsets.