I don’t know what it is, can’t read the wording, and don’t know if this is connected, but the three crossed arrows was a symbol used on the Carcassian flag, with two arcs of stars. As on this modern ring:
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Circassia was a small independent nation on the northeastern shore of the Black Sea in the Northern Caucasus. Beginning in 1763, the Russians waged war on them, systematically driving them from their homeland (generally into regions of the Ottoman Empire) in an ethnic cleansing. By 1864, three quarters of the population had been anihilated and they became one of the first stateless peoples in modern history.
Early forms of the flag with that symbol first appeared in the 1800s and a standardised version was designed in 1830 by Seferbiy Zaneqo which was formally adopted in 1836. People of Circassian ethnicity still proudly recognise their heritage (hence the modern ring, and also pendants). The same symbology is still used today on the flag of the Republic of Adygea in the Russian Federation.