The ring has magical powers and is described as, "it is set with a jewel called pantarbe and inscribed with certain sacred characters (γράμμασι δὲ ἱεροῖς); it is full, it seems, of a supernatural and mystic property (τελετῆς θειοτέρας) which I think must have endowed the stone with the power to repel fire and bestow immunity from the flames on its wearer.” Sisimithras, a gymnosophist, finds the baby and takes her to Egypt. Sisimithras places her in the care of Charicles, a Pythian priest.
The ring is described as having magical powers, with a jewel called pantarbe and inscribed with sacred characters. It's believed to repel fire and provide immunity from flames.  Sisimithras, a gymnosophist, finds the baby and takes her to Egypt where she is placed in the care of Charicles, a Pythian priest.