New ebay account after bidding and paying asks for refund ..Con ?

Hi all,

                had an item sell on buy now from a brand new account opened today, user idea is number and letters. He has now asked for a refund , smells of some kind of con but not sure. Also refud about if i go to cancel is a bit more than i made when i look at the sale after fees. Should i wait until it is process or issue a cancel on the sale ? im not sure where to go on this as doesnt feel right and i dont what to lose money if its a con. thanks in advance.

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