Sean Kingston Case Closed in Crazy Kidnapping Caper

1/5/2016 12:40 AM PST

Sean Kingston's claims he was kidnapped in a jewelry dispute have fallen on deaf ears, because the LAPD is chalking it up to a simple business disagreement.

Law enforcement sources tell us, Kingston's story just doesn't ring true ... that he met a jeweler in downtown L.A. in the middle of the night to settle a dispute over a $185k watch. Kingston claims the jeweler and his goons took the watch, locked him in a car at gunpoint and drove off, eventually dumping him in the street.

Our sources say the story didn't make a whole lot of sense ... why would Sean be making business deals in the middle of the night in a desolate area? It seems unclear so cops are calling it a civil business dispute. 

Frankly, the whole story is too confusing for words, so just let Raquel explain it you.