Lil Wayne was performing as part of the A3C Hip Hop Festival and Conference at the Georgia Freight Depot on Martin Luther King Jr. Drive in Atlanta.
Officials with the Atlanta Police Department said they believe someone in the crowd yelled they heard gunshots.
Fans are seen on video running away from the area.
Police said 12 minor injuries were reported to police, including ankle injuries and lacerations from attempting to jump fences.
Authorities said they they have no evidence to support claims that shots were fired.
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