Hello aspirant,
There is no provision in the official notification that says about refunding the token fee payed after the first allotment of KEAM. I am sorry to inform you this but you cannot get a refund the amount payed and if you don't pay the token fee, you will be out of the allotment process.
You needn't necessarily join the college you got in the first allotment. You can wait for the next allotments and see if you can get any higher options of your choice.
To know more about KEAM first allotment, refer the article below:
https://news.careers360.com/keam-2020-first-seat-allotment-declared-fee-accepted-till-october-
Hope this was helpful
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