In late 1956 into early 1957 there were a series of UFO reports near the atomic energy installation in Oak Ridge, Tennessee. The sightings came to an abrupt end when a flying saucer was seen to crash in flames. Although local authorities searched for the wreckage, they found nothing. News reporters had better luck.
Here's the story as reported in The Knoxville Journal, February 2, 1957.
The flying saucer turned out to be man-made, an experiment by seven high school students: Gene Bradburn, Ben Baker, Dewaine Speaks, D.C. Hunley, J.D. Seat, Boots Dew, and Johnny Henry. The newspaper coverage gives no indication the boys were perpetrating a hoax, but their balloon did cause a stir, at least on it's final flight. The saucer likely would have remained a mystery and become another UFO legend if the boys had not been persuaded to tell their story to the press.
As with so many of the most interesting UFO cases featured here at The Saucers That Time Forgot, Project Blue Book had no file on this incident.