The Prophet (may Allah’s peace and blessings be upon him) had a gold ring made for him, and whenever he wore it, he would keep its stone toward the palm of his hand. The Companions followed suit. Then, after a while, the Prophet (may Allah’s peace and blessings be upon him) sat on the pulpit so that the people could see him. Then, he said: "I used to wear this ring and keep its stone toward the palm of my hand." He threw it away and said: "By Allah! I will never wear it." This happened in the wake of the prohibition of gold for men. Upon seeing that, the Companions threw away their rings, following the Prophet’s example.