The students who bought tickets to Wellington's Homegrown music festival from Labour MP Trevor Mallard for an inflated price have turned down his offer to buy them back.
Mr Mallard came under fire today after he made a profit by on-selling tickets to the sold-out event in a Trade Me auction at the weekend.
Tickets for Saturday's festival had a face value of $95 each but Mr Mallard sold his four tickets for $656 - a $276 profit.
The buyer, 19-year-old Laura Signal, picked up the tickets at Mr Mallard's Naenae office, where he handed them over personally.
As minister for sport and recreation, Mr Mallard initiated the Major Events Management Act 2007 which tightened the rules around on-selling tickets to major events and allowed scalpers to be fined up to $5000.