A San Francisco music festival was being labeled as the next Fyre Festival just before cancelling last minute when the venue pulled the plug.

According to the reports, XO Music Festival, ran by promoter Sami Habi was scheduled to feature artists such as Ludacris, Bone Thugs-N-Harmony, and Fabolous, failed to fulfill its contractual obligations.

The official website says “Despite our best efforts to organize a fun event that would be enjoyed by thousands of people, the venues [sic] cancelation and the many negative media reports targeting the XO Music Festival unfortunately does not allow us to proceed with the festival at this time . . . Refunds have already been processed as of early this morning.”

However, their Instagram says “Hello everyone. Regardless of all the fake media. We are still planning our festival. The media is trying to cause issues for us for no apparent reason. We have worked to hard! Stay tuned. Thank you.”

Tickets for the event were ranging from $375 to $2,495.

Watch XO Music Festival's official preview video below: