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JULIO JONES LOSES $150K EARRING IN LAKE ... Hires Dive Team

Julio Jones has a big problem -- he lost a $150,000 diamond earring during a jet ski ride at Lake Lanier this week ... so he's hired a full DIVE TEAM to hunt it down!! The ATL Falcons wide receiver told WXIA-TV he noticed he lost the earring after he fell off the ski -- but didn't want to just walk away without making a real, solid effort to find it.

The dive team jumped in the water on Tuesday evening -- scouring the 65-foot deep water. So far, no luck. Jones seems shockingly calm about the whole thing ... probably because he's in the middle of a $71 million contract.

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