b658aed6__World_Interactions___UESPWiki__Details
[Encounter Name] Hey you there, take this [Options] Return the item for a single coin and betray the fugitive, keep the item and betray the fugitive, or keep the item and fool the hunter. The fugitive does not take the item back if still alive. Talking to the hunter after your first dialogue just yields generic hunter dialogue and no further interaction. [Requirements] Level 2 [Details] 
A fugitive approaches and foists an enchanted item upon you and runs off. Then a hunter approaches and asks about the fugitive.
Skyrim:World Interactions - UESPWiki
Details