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Prenuptial agreements are valid in the state of Colorado but they have to meet certain requirements under the Uniform Prenuptial Agreement Act (UPAA), which is a set of rules governing the enforceability of prenuptial agreements. Colorado passed the UPAA in 2014. See link for full description of prenuptial agreements and their requirements in Colorado: http://www.divorcenet.com/resources/prenuptial-agreements-colorado.html
Prenuptial agreements can also address debts during the marraige and limit the liability of each spouse for the other's debts. See link for confirmation: http://www.nolo.com/legal-encyclopedia/prenuptial-agreements-what-law-allows-30283.html
So, to answer your questions. you can have a prenuptial agreement and in that agreement, you can limit each spouse's exposure to the other's debts. The advice you received was not correct, so you can keep your ring on for now.
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Does the picture depict him holding a firearm? Can you tell on what date the picture was taken?