The team of eight times world champion, Advani and Rajesh Tulsian was stunned by the defending champions Siddharth Parikh and Anil Poddar in the event that brings a pro and an amateur together.
But the duo's dream run was snapped in the semis by Indian Open silver medalist and India No 2 Aditya Mehta and Ravi Goenka who registered an emphatic 3-1 win.
In the other semis, Sourav Kothari and Ankit Kariwala turned the tables on Brijesh Damani and Shreevardhan Poddar 3-2 in a contest that went down the wire.
Like last year, Advani will skip the five-day main event beginning tomorrow.
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