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Ahmedabad man arrested for selling Coldplay tickets at 5 times its price

by TLAteam January 20, 2025January 20, 2025
written by TLAteam January 20, 2025January 20, 2025
Ahmedabad man arrested for selling Coldplay tickets at 5 times its price

Chandkheda police have arrested a man for attempting to sell Coldplay concert tickets at inflated prices in Ahmedabad.

Business News

Tickets for the upcoming Coldplay concert at the Narendra Modi Stadium in Ahmedabad, scheduled for January 25 and 26, were being sold in black.

According to information received, police seized six tickets from Akshay Patel, which included four tickets priced at ₹2,500 each and two tickets priced at ₹4,500 each. Patel was reportedly attempting to sell these tickets at five times its price. The police have arrested him and are conducting further investigation.

The most hyped Coldplay concert tickets in Ahmedabad saw a massive response when they first went live. Within the first 10 minutes of sales, the South Premium Center Bay 2 tickets, priced at ₹12,500—the highest-priced category on BookMyShow—were completely sold out. Similarly, tickets priced at ₹4,500 were also sold out in the same short span of time.

As the tickets went live, black market sales started almost immediately on another online platform. Surge pricing was observed, with the South Premium tickets now being resold for as high as ₹1,39,821, up from the original price of ₹12,450. This pattern had been observed at earlier concert shows, where black market sites began reselling tickets with inflated prices, reaching up to ₹2 lakh.

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