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Hide blade, embracing with spy (5,3,6)

Ross

I believe the answer is:

cloak and dagger

I'm a little stuck... Click here to teach me more about this clue!

'spy' is the definition.
(I've seen this in another clue)

'hide blade embracing with' is the wordplay.
I cannot really see how this works, but
'hide' could be 'cloak' (I've seen this in another clue) and 'cloak' is located in the answer.
'blade' could be 'dagger' (I've seen this in another clue) and 'dagger' is present in the answer.
'with' could be 'and' and 'and' is present in the answer.
No letters remain.
This explanation may well be incorrect...

Can you help me to learn more?

(Other definitions for cloak and dagger that I've seen before include "whose point is concealed?" , "Intriguing" , "spying" , "Clandestine" , "Involving a mystery" .)

I've seen this clue in The Telegraph.
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