Sauron possesses 3 of the 7, including Thrors ring, taken from Thrain, his son in the dungeons of Dol Goldur. The rest are in the bellies of various unnamed dragons.
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'The Three, fairest of all, the Elf-lords hid from him, and his hand never touched them or sullied them. Seven the Dwarf-kings possessed, but three he has recovered, and the others the dragons have consumed. Nine he gave to Mortal Men, proud and great, and so ensnared them.
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