Kate Gosselin has split from millionaire boyfriend Jeff Prescott, who is now rumored to be dating a Belarus woman at least half his age.

ET reports the "Jon & Kate Plus 8 Kate" star and the 52-year-old Prescott began experiencing major trouble sometime around Labor Day when he started to have cold feet about being filmed in yet another of her reality shows.

Reports are Prescott, after months of planning and endless preparation, ended up canceling production plans just two days before his New York City shoot was scheduled. A sources adds Prescott was overly protective of his three children from a previous relationship and cam to feel all the increased exposure may not be in their best interest.

Word is even before then Gosselin was growing "frustrated" with her boyfriend's tendency to prefer traveling the world instead of spending quiet time with her. It's now rumored that it was on one of those excursions where Prescott met his new girlfriend.

The yet to be named 26-year-old is described as an attractive blond and business major fluent in five different languages. Reports are she has designs on launching her own cosmetic line sometime over the next several months.

Sources indicate the 40-year-old Gosselin is "devastated" by the breakup, as she was under the impression she and Prescott shared "a special connection."

News of Gosselin and Prescott's coupling broke just around the New Year and several months later the two were reported to still be going strong. As recently as in May, they were spied on a PDA-filled date in Philadelphia that included dinner at the high-end restaurant Talula's Garden. From there, it was on to a casino, where the two enjoyed bottle service while sneaking kisses as they gambled.

Meanwhile, Gosselin's ex-husband, 38-year-old Jon Gosselin appears to have found new love, recently stepping out with new girlfriend Colleen Conrad.