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Musician T.I. performs onstage during the 2010 BET Awards held at the Shrine Auditorium on June 27, 2010 in Los Angeles, California.

A concert promoter who planned to host a "Welcome Back Party" to celebrate the release of T.I. from jail is not accepting the rapper's excuse that he couldn't attend because he was under home confinement.

Carl Davis has filed a lawsuit in Alabama District Court claiming he lost his life savings when he agreed to put up money for a Birmingham comeback performance by T.I. (aka Clifford Joseph Harris Jr.), who was in prison on a weapons charge.

According to the complaint, Davis allegedly entered into an agreement for T.I.'s performance with Jervon Morgan, who represented himself as T.I.'s first cousin, liaison and agent.

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Morgan is then said to have introduced Davis to Jason Geter, the CEO of Grand Hustle LLC, who presented a written agreement whereby the concert promoter would pay $50,000 to a bank account controlled by T.I.

Davis says he made the payments even though the defendants, including T.I., Morgan, and Geter, "concealed the fact from Davis that artist T.I. was on probation, on three years of supervised release and under home confinement as a condition of his plea agreement."

Davis also says that he didn't know that T.I .told a radio station that he wouldn't be performing at the Welcome Back Party that was to be held on May 28.

Up until the last second, Davis thought he had a concert, but he says that word of T.I.'s no-show, plus his financial investment, led him to experience heavy stress, suffer chest pains, nausea, emotional distress and hospitalization.

He's now suing on several counts including misrepresentation, promissory fraud, conspiracy, unjust enrichment, and breach of contract. He's demanding unspecified compensatory and punitive damages.