Minnesota couple, Ryan Reiersgaard and Katie “Lynn” Mager, were charged with filing a false report after they claimed they were robbed of a slew of valuable items at knifepoint.

Reiersgaard and Lynn told cops they were pilfered at knifepoint of personal item including, a $12,000 engagement ring, a $3,000 suitcase purse, a $2,000 MacBook Air laptop, a $300 suitcase and a $150 iPad Mini, early Thursday in downtown Chicago.

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Reiersgaard of Burnsville and Lynn of Apple Valley, both 27, originally told officers they took GPS directions to the lower level of 300 North Columbus Drive around 1:50 a.m., according to police. The couple said three people then approached them with a knife and took the pricey ring, along with other expensive items. source

Police concluded the story was concocted and the two geniuses were taken into police custody Thursday evening and charged with filing false police reports, a police spokesman said. They were expected to appear for a bond hearing Sunday, according to the Chicago Tribune.

In an updated media notification by police, they stated that “the [couple’s] incident has determined to be unfounded.”