The university recommends that people who suspect they have counterfeit tickets should contact their local police.
The Bristol Town Council approved a five-year tax abatement for the company.
The former four-term mayor helped mold Indianapolis into an amateur sports capital during his 1976-92 tenure.
As the suspects left the store they encountered police in the parking lot.
The fair’s schedule was expanded by five days in 2009.
The raid went into the overnight hours Sunday in the 5400 block of Deer Creek Avenue, near 56th and Georgetown.
At one point, police say the suspect vehicle was driving westbound in the eastbound lanes of Interstate 465.
Police responded to the 3300 block of S. Lyons Avenue around 11:30 p.m.