SAN FRANCISCO (CBS SF) — Three armed male suspects kidnapped and robbed a 27-year-old man who was attempting to sell them wristbands for the Outside Lands Music & Arts Festival in San Francisco on Saturday evening, police said Monday.

The victim had arranged on Craigslist to sell the concert wristbands to one of the suspects, police said.

READ MORE: Contra Costa County To Pay $4.9M Settlement In Police Killing Of Laudemer Arboleda

RELATED: Fantastic Negrito Describes His Run-In With SFPD At Outside Lands

But when the victim went to sell the wristbands at about 5:10 p.m. Saturday near the intersection of 24th Avenue and Fulton Street in the city’s Richmond District, the suspects brandished a handgun and knife and ordered him to get into a light blue vehicle, according to police.

One suspect sat in the driver’s seat and drove around while another pointed a gun at the victim. The third suspect held a knife up to the victim, police said.

READ MORE: Stretch Of Highway 1 Near Big Sur Likely Closed For A Week Due To Rockslide Following Storm

The suspects ordered the victim to hand over the concert wristbands and his money. The victim handed over the items and the suspects dropped him off on the street.

ALSO READ: Gun-Wielding Elderly Woman Scares Off Men Attempting To Rob, Rape Her At Big Sur Home

The suspects fled in the vehicle, possibly a Hyundai, and have not yet been arrested, police said.

The victim suffered a cut to his hand, but no life-threatening injuries, according to police.

MORE NEWS: Newsom Receives COVID Vaccine Booster At Oakland Event Promoting State's Vaccination Push

© Copyright 2015 by CBS San Francisco and Bay City News Service. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.