The Collaborative International Dictionary of English v.0.48:

Fable \Fa"ble\, v. i. [imp. & p. p. Fabled; p. pr. & vb. n.
   Fabling.]
   To compose fables; hence, to write or speak fiction; to write
   or utter what is not true. "He Fables not." --Shak.
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         Vain now the tales which fabling poets tell. --Prior.
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         He fables, yet speaks truth.             --M. Arnold.
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