You don’t have to change anything. But, consider that FK support in Rails isn’t particularly amazing and fantastic… a lot of times, getting your foreign keys to work well with everything else you’re doing in Rails can invovle some intense hacking (especially when using the testing features).
For the most part, the associations that you can define via ActiveRecord in Rails invalidate the use of foreign keys… they do exactly the same thing as foreign keys do, and they do it in a more intelligible and easy-to-consume manner. That being said, if your data’s integrity is absolutely 100% vital in all cases (ie you are a medical institution, or a bank, or some such), I’d say stick with your foreign keys, because they can’t be skipped by the program (and Rails has stuff built in to skip almost any functionality it implements).
It’s definitely something you need to think about very carefully before deciding which way to move forward… if you can be more specific about your particular situation, then others who know more about this stuff might be able to provide you with some more specific help.