News of the alleged attack sparked both fear and outrage throughout Baltimore.
But on Wednesday, police revealed that Boyd confessed he was never robbed, WBFF reported.
He also allegedly admitted that the person who set him on fire was a woman.
According to investigators, Boyd was taking part in an illegal drug exchange when the woman intentionally set him on fire.
In a follow-up interview with WBFF on Thursday, Boyd claimed that the police were the ones who lied.