My thought is why are people sticking their hands around the fan and belts while a car is running? That seems to be the problem not the rings. Its almost like an "urban legend". The one where he's jumping off of a peice of construction equipment is somewhat different, as that type of thing seems to have happened out in the open.
The scare people tell me i syou will get your hand stuck (say behind a starter or something) and not be able to pull it out. Wierd stuff.