Frodo urgently concealing pong (5)
I believe the answer is:
odour
'pong' is the definition.
(I've seen this before)
'frodo urgently concealing' is the wordplay.
'concealing' says the answer is hidden in the clue.
'ODOUR' is hidden in the letters of 'frodo urgently'.
(Other definitions for odour that I've seen before include "Smell; repute" , "A smell, good or bad" , "Nasty smell" , "Any property detected by the olfactory system" , "Smell, redolence" .)