Be fond of story about king (4)
I believe the answer is:
'be fond of' is the definition.
(I've seen this in another clue)
'story about king' is the wordplay.
'story' becomes 'lie' (story can mean a fabrication).
'about' indicates putting letters inside.
'king' becomes 'k' (abbreviation for king in chess).
'lie' placed around 'k' is 'LIKE'.
(Other definitions for like that I've seen before include "Resembling or similar to" , "One of the same kind" , "Want" , "Relish" , "Care for - much the same" .)